Ftmo max daily loss violated 44, which signals a positive ratio. 00 (-2. 10%) Passed: This value represents the lowest equity drop recorded on one particular day. Trader; Accounts Overview ; Account MetriX 430031604 +-Max Daily Loss -$10,000 -$9,300. FTMO Challenge. For example, if you have a $10,000 account, the maximum daily loss is $500, and the maximum loss is $1000. Fortunately, the trader avoided too much speculation against the trend, so the Maximum Daily Loss limit and the Maximum Loss were not a problem for him. i FTMO only provides services of simulated trading and educational tools for traders. 78). 00 and maximum loss (Max. Trader; Accounts Overview ; Account MetriX 2100877256 +-Max Daily Loss -$500 -$175. Statistics. It is your daily loss limit, you can’t lose more than this amount, or you break a rule. 04 lots. 12 (-4. 8 positions a day. Currently attempting my first ftmo challenge on the 10k account. 13 votes, 19 comments. The Maximum Loss was no problem for him and he was only in a slight negative at So far this month, I made $2,242. Nhất là những lúc bạn giữ lệnh qua đêm, giữ lệnh qua tuần rất dễ vi phạm quy tắc Maximum Daily Loss quỹ FTMO. This is because your previous day profit doesn’t count to a new day and the open loss of FTMO Max Daily Loss And Max Loss Explained By FTMO Funded TraderSubscribe to my YouTube channel and like this video. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$2,860. 58 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. 32 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. That means Yes, as soon as you hit daily loss even once then you are disqualified. The Trading Objectives determining the maximum loss and maximum daily loss are crucially important and those who do not use Stop Losses are very likely to lose their account sooner or later. If the Net P&L should hit or exceed the Daily Loss Limit during the trading day (5:00 PM CT-3:10 PM CT), the account will be auto-liquidated for the remainder of the trading session. com +-Max Daily Loss -$1,250 -$934. I'm doing one funded account challenge and the max daily loss is set to 50% of the overall max loss by default . Trader; Accounts Overview +-Max Daily Loss -$5,000 -$3,039. The robot opened a total of 11 trades with a maximum daily loss of $344 and a maximum loss of $430. When i had a chat with support person online, he showed screenshot of various accounts in the screenshot he shared which shows in the backend these guys can do any When you become an FTMO Trader, we can trust your trading skills and abilities to manage risk appropriately. Trader; Accounts Overview ; Account MetriX 1040344513 +-Max Daily Loss -$5,000 -$668. Start your FTMO Challenge today ftmo. When you become an FTMO Trader, we already know that we can trust your trading skills and abilities to manage risk properly and therefore, we will provide you with top-rated trading conditions in the industry. The average profitable trade was $262. 30000 Max Loss as opposed to just 10k. Last month, I bought an FTMO challenge with the purpose of creating videos for my followers. 21 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. Many people who pass the testing phase fail ok let me tell you this,how i got my account violated how they scam me,,i have proof. The final profit of nearly $25,000 is great for an account size of $100,000. Th The max daily drawdown is a bitch, even if you close 2. I am glad to know that you WILL NOT lose the account. me/Isr Take a look at my performance in FTMO Challenge. The maximum daily loss resets at midnight daily and does include both open and closed positions. 34 and I upgraded into the Platinum level of FTMO Traders! If you would like to get paid and manage the FTMO Account as well, simply go to their website start the Take a look at my performance in FTMO Challenge. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$2,586. 44 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. I want to start the 10k FTMO challange but i am scared of the Max Daily Loss what would be the best lot size that i can use to Neither the Maximum Daily Loss nor the Maximum Loss limits were a problem for the trader, a loss of around 2. My first goal is to get profitable and stay profitable. I’d like more daily loss without having to make 20% on an aggressive account. 65%) Passed: This value represents the lowest equity drop recorded on one particular day. . Edit: Thanks for the clarification everyone. 64 (-3. Programs, instruments, reviews, platforms, leverage, and much more. FTMO Challenge: 10% profit target, 10% max loss limit, max daily loss 5% limit; Profit target falls to just 5% for Step 2 of evaluation FTMO is a great option. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$2,922. 83% risk per trade. Don’t count on it being ignored once you’re live. 34 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. Didnt check my daily loss limit. I am thrilled to announce my graduation from FTMO Academy. At any point during the day, if your floating loss or closed market loss exceeds $5,000 and your account equity balance falls below $95,000, you will be in violation of the rules. Start Hour Max Daily Loss End Hour Max Daily Loss; CET Time-00:00:01: 23:59:59: FTMO Once he was in danger of breaking the maximum daily loss rule (-4. 12 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. 6% equity floating loss. Trader; Accounts Overview +-Max Daily Loss -$10,000 -$5,176. The total profit made on your FTMO Account reached $5,525. 75%) Passed: This value represents the lowest equity drop recorded on one particular day. It The Consistency score shows a responsible approach to money management, but during the first losing streak the trader came quite close to the Maximum Daily Loss limit (-4. Maximum Daily and Overall Loss Limits. The Maximum Daily Loss is one of the most important Trading Objectives. So far this month, I made $6,748. I need to set a maximum loss of 5% per day, So if i am risking 1% on every trade, after a loss of 4% in the current day the EA must stop trading. In this video I'll go over the Golden rule for FTMO forex trading challenge that is important not to overlook!! The max daily loss and max loss explained. My personal loss limits are higher than the ones given by FTMO, but It didn’t take as much from me when getting used to the FTMO ones. Hyper Growth Program: Entry cost: $450 (not refunded) Challenge: One-step program requiring a 10% profit with a max loss of 6% and max daily loss of 3%. So far this month, I made $13,313. ( €600 closed profit – €2500 open position). FTMO Accounts can be increased to a maximum initial balance of $2,000,000! What was more difficult than expected during your FTMO Challenge or Verification? During the challenge, the hardest thing for me, initially, was an open trade exceeding the daily loss limit and having to close out if it came close. Thus, they have to reduce their Stop Losses (in points/pips) or simply cannot open another position that could potentially be profitable. com Start Hour Max Daily Loss End Hour Max Daily Loss; CET Time-00:00:01: 23:59:59: FTMO Platform Time: 1 hrs For example, we can generally recommend to our FTMO Traders not to risk more than 1% per trade idea to help them with adopting safe risk management principles. 71 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. Your starting account of $100k now sits at $101k as you've chosen to keep most of your profits in the account. 15000 Max Daily Loss as opposed to just 5k. During the eleven trading days, the trader executed 61 trades with a total size FTMO is a pure SCAM, I took a 100K challenge account and first day when i had few open trades open, they just changed the account password and my account went to daily and maximum loss. by failing to meet one of the loss limits (the Maximum Loss or the Maximum Daily Loss). 56 (-2. Join my telegram channel https://t. Things happen with traders we hv to train our brain muscle. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$3,883. 00. It has a default value of 10%, which I found that chunking my days into bite sized pieces (trading 1 session, studying for 2 hours max, 1 hour of backtesting per day) was way better than trying to study for 8 hours a day and trading both sessions and backtesting until my eyes fell out of my eye sockets. 06 (-4. The FTMO Account is not in drawdown. 59 (-2. Let's say his On this day, the maximum daily loss is not violated. FTMO Challenge; Could Survived? 41 replies. With a consistency score of 76%, the trader then made a profit of nearly $32,000 in the trading period, FTMO only provides services of simulated trading and educational tools for traders. com +-Max Daily Loss -$2,500 -$943. A total profit of $16,121 is very good for an account size of $100,000. 57%) Passing: This value represents the lowest equity drop recorded on one particular day. Max Daily Loss: 5%: 5%: Max Daily Drawdown: Max Loss: 10%: 6%: Max Drawdown: Minimum Trading Days: 10: 2: Maximum Trading Days: Profit Split: 60%, up to Tuy nhiên đã là một người trade quỹ forex bạn cần hiểu tường tận để chủ động hơn trong giao dịch. 43%) Passed: This value represents the lowest equity drop recorded on one particular day. The company brokers stocks, options, futures, EFPs, futures options, forex, bonds, and funds. As for the When you become an FTMO Trader, we can trust your trading skills and abilities to manage risk appropriately. All accounts to be merged are in the same base currency. 11%) Loss exceeded: This value represents the lowest equity drop recorded on one particular day. Note that this is not the first time it happens All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment The Maximum Loss and Maximum Daily Loss limits were no problem for the trader. loss) -$513. 40 (-2. Just keeping your account the next couple of weeks should be your goal, forget about being paid for now. During the week between 28th Oct 2024 and 3rd November 2024, the offset between Prague’s There are trading objectives for daily loss and maximum loss. But I saw an opportunity on Sunday night. 72 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. 92 (-3. That is. 22 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. You can't open or close a position on certain pairs 2 minutes before or after a news release comes out that effects those pairs. The single merged FTMO Account will then have a combined balance value as well as the drawdown limits (5% Maximum Daily Loss / 10% Maximum Loss). All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. In total, you opened 53 positions, and on average, you traded 3. Trader; Accounts Overview ; Account MetriX 440107755 +-Max Daily Loss -$2,500 -$788. I used an EA that has a strict money management risk. 40 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. Not surprisingly, the trader had no problem with the Maximum Daily Loss and Maximum Loss limits during the trading period and the final return of over $31,000 on an account size of $200,000 is a very good result. Equity. 66%) Passed: This value represents the lowest equity drop recorded on one particular day. The trader executed 24 trades during 16 trading days with a total volume of 327. FTMO 29 replies. Looking at the example below from Earn2Trade, the most you could lose for each account size in 1 day is listed as the Daily Loss Limit. There are predefined risk limits that traders must adhere to, such as maximum loss and maximum daily loss limits. Also FTMO offers to increase your account size (and also daily loss limit and max fixed drawdown) by 25% every 4 months if your trading meets certain criteria such as earning 10% profits over the 4 months - so as an example if you have a $100,000 account you would need to earn $15,000 in total profits over the 4 months (so an avg of $3750 per month) and you have The Maximum loss and the Maximum daily loss are two essential objectives in the ftmo challenges that traders must pay attention too. I have a trading plan that if I So far this month, I made $15,603. S. I've been doing really well with FTMO, my trading already made $201,326. 71, even with such a relatively low success rate, a very high profit can be made. Let's say you've been trading with FTMO for a year. FTMO Traders are free to choose their In the next part of our series on successful FTMO Traders, we'll have a look at a trader who bet on correlation across asset classes and managed to achieve an interesting return. Finally, if you want to So far this month, I made $10,044. FTMO does have some downsides though the biggest being the news restrictions. So far this month, I made $22,680. The corresponding validation criterion is Maximum loss %. Trader; Accounts Overview +-Max Daily Loss -$10,000 -$9,652. To be honest, I like the way that FTMO actually has certain restrictions such as -5% maximum daily drawdown, it really helps in controlling our emotions too knowing that there are certain rules to comply. I’ve passed before but your right about the daily loss. The max daily still gets violated. 05%). If you trade and accidentally leave your account inactive I did a stupid mistake. 85 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. Thanks for the advice you guys. However, towards the end of the period, the trader had to be careful about the Maximum Daily Loss as a few days before his reward day, several positions ended up in the red and his daily loss was over 4%. 93 (-3. This is because your previous day profit doesn’t count to a new day and the open loss of $13,000 exceeds Avoid violating the maximum daily loss. That way, you have peace of mind that you won’t violate the max daily loss. I have reported the issue to the support team , I now await the response. 56%) Passed: This value represents the lowest equity drop recorded on one particular day. Maximum Adverse Excursion measures the largest loss suffered by a single trade while it is open. 6 lots per trade, but the largest position was 3 lots. The Maximum Loss limit simply states that the equity on your trading account must not drop below 90% of the initial account balance at any given time during the account duration. I started doing the 25k challenge last Thursday and had already made the profit goal that was 2,500 by Friday . Are you ready to be the next one? Start the FTMO Challenge https://ftmo. The current daily loss is $9,000. Maximum Loss: Again, just like the evaluation, The FTMO maximum loss in the verification phase is 10%. Trader; Accounts Overview +-Max Daily Loss -$10,000 -$3,860. So far this month, I made $20,591. And remember FTMO and all other prop firms count closed loss + Open running loss total. FTMO Daily Loss . If a trader hits either limit, their account is closed, and they fail the challenge or verification. 57%) Passed: This value represents the lowest equity drop recorded on one particular day. 53%) Passed: This value represents the lowest equity drop recorded on one particular day. 80 (-1. But it is important to remember that 4% max loss means you will have to be very strict to maintain your account. Trader; Accounts Overview +-Max Daily Loss -$2,500 -$1,528. It is the rigid rules ensuring that traders will be cautious enough at the FTMO Challenge, Verification, or FTMO Account to not try being over-exposed with dangerously high risk, but It is the first step towards becoming an FTMO Trader and trade my own FTMO Account! Take a look at my performance by following this link. The $400 discrepancy you’re explaining could just be slippage that wasn’t picked up on your trial. You should change your max daily loss now at 100$ so you can have a few bad days and you still have the account. Talented FTMO Traders who meet our Scaling Plan requirements are rewarded with a 25% increase in their FTMO Account balance and a bigger reward of 90%. I was still good but i took last small trade trying to use those 50$ left in my limit. 88%) Passed: This value represents the lowest equity drop recorded on one particular day. So far this month, I made $2,507. com Start Hour Max Daily Loss End Hour Max Daily Loss; CET Time-00:00:01: 23:59:59: FTMO Platform Time: 1 hrs So far this month, I made $5,026. 91 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. by number of daily average revenue trades. It is a dollar amount that is fixed, and it is exactly as the name implies. People say some weird things across the interwebs. Trader; Accounts Overview +-Max Daily Loss -$10,000 -$6,215. The rules for daily and total loss are key for disciplined trading. Trader; Accounts Overview +-Max Daily Loss -$10,000 -$4,258. It operates the largest electronic trading platform in the U. Trader; Accounts Overview ; Account MetriX 2102630056 +-Max Daily Loss -$500 -$213. This provides a time span of at least 5 weeks before hitting the 10% max loss limit and avoids emotional trading. 86%) Passed: This value represents the lowest equity drop recorded on one particular day. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$2,444. Cách tính Maximum Daily Loss your daily loss is daily compounding. At that moment, it changes to 02:00 CET. This change occurs in Prague exactly at 03:00 CEST. However, if you hold this position with the open loss of €2500 after midnight, the daily loss limit will be violated. The “Maximum daily loss %” is relative to the Initial account. For a $100,000 account, the goal is to earn $10,000, or a 10% return. How to beat. That's why, you still risk losing all your earned to them with this rule set by them. If you go -3000 then +10000 then -5000 your max daily loss will show as -3000. 80 after all the trades hit my stop losses. BUt you gotta be careful cos their server time is confusing for rollover and if you get caught in a drawdown it fucks you. 50 (-2. The total profit of $64,188 is one of the highest in the last two months among our traders, and with an account size of $200,000 it is over 32% return. 95 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. End Hour Max Daily Loss; CET Time-00:00:01: 23:59:59: 0. The information on this site is not directed at residents in any FTMO Free Retake: My Experience. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or Maximum Daily Loss: The FTMO maximum daily loss is 5%. So today I experienced something weird with the account. This question was spawned by someone’s comment that if you are in a loss at the end of the month, FTMO will reset your account once but if it happens again you lose it. For example, the $100,000 Gauntlet Mini Start your own FTMO Challenge too at ftmo. It seems you haven't taken your FTMO Challenge yet. ( $4,000 closed profit – $13,000 open position). For example, if a trader starts with a $100,000 account, they can’t lose From Sunday, 27th of October 2024, Europe will no longer observe the Summer Time. FTMO Account Swing Account; Daily Loss Limit: It includes both a Maximum Daily Loss (5% of the account balance) and a Maximum Drawdown (10% of the account balance). 60 and maximum loss (Max. 06 (-2. This rule makes traders think about making money overall, not just winning trades. This is an average of 13. Max 2 losing trades a day, max 4 losing trades first week, 3 second week. Trader; Accounts Overview +-Max Daily Loss -$2,500 -$1,765. For instance, for the FTMO Challenge with the original account balance of $200,000, the maximum daily loss limit is set at $10,000. firstly i already pass the 10% challange and 5% verification,,on 14 july i make about 660usd thats mean i have max daily los is 5600usd. The offered technical solution for the FTMO platforms and data feed is powered by liquidity providers. FTMO rules say traders must make a certain profit in the evaluation phase. It is not a Drawdown. On this day, the maximum daily loss is not violated. 23 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. You open 1 trade which is closed on a 400 $ stop loss. 00, which signals a positive ratio. 70 (-2. 26 (-2. Next day i violate daily loss ljmit by 33$. Maximum loss = Initial account – Minimal equity Maximum loss % = 100 * Maximum loss / Initial account The maximum loss does not affect my trading style significantly because my risk management strategy sets a daily loss limit of 1%. Maximum Daily Loss is a crucial rule in not only our Evaluation Process but also during the performance of the FTMO Account. youtube. There are some news event which you run the risk of violating your account if your SL or TP gets hit within 4 minutes of the news being released or something like that (2 mins before and 2 mins after). Problem came right away; nearly 5 days after I begin it. Start your own FTMO Challenge too at ftmo. A Daily Loss Limit (DLL) is the maximum amount of money a trader is willing or allowed to lose in a single trading day. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$2,439. Let's say his current daily result is -$2,000, so he can afford an additional loss of -$500 for the rest of the On this day, the maximum daily loss is not violated. 13%) Passed: This value represents the lowest equity drop recorded on one particular day. Start Hour Max Daily Loss End Hour Max Daily Loss; CET Time-00:00:01: 23:59:59: FTMO So far this month, I made $2,711. Please note that your status (Natural Person, Legal Entity) will be based on the option you selected during your first order purchase, depending on whether you purchased Please be mindful that Max Daily Loss is monitored based on Prague’s time and the daily drawdown resets at midnight. All accounts to be merged have the same risk setup. So far this month, I made $10,008. FTMO related that my $50000 account when beyond the Even harder for swing traders. Win or lose the FTMO Challenge, and you’ll come out a much more conscientious, confident trader. The max daily loss and daily loss remain in effect in the verification. 45 (-2. The account growth possible here is fairly enticing. So its essentially daily watermark. loss) -$1,044. The Max Loss is not a At FTMO, we understand that market conditions might vary and that’s why we offer our traders a generous 10% Maximum Loss buffer and 5% Maximum Daily Loss. 79 is 2. 73 (-4. Free repeats and 14-day extensions are also no longer needed because traders trying an FTMO Challenge and a Verification don't have to watch whether they can make 10% in 30 days or 5% in 60 days. The current daily loss is $9,000 ($4,000 closed profit – $13,000 open position). What I like though is the fact that I have 5% of 300k to play with on a daily basis and Max Loss of 10% of 300k. Kindly manage your trades accordingly, taking into consideration that the Max Daily Loss resets at midnight CE(S)T and that the difference between Prague time and the Platform time will be 2 hours instead of the usual 1 hour for three weeks. The aforementioned trade success rate was just shy of 55%, but combined with an RRR of 1. Trader; Accounts Overview Maximum Loss has been violated. So far this month, I made $10,053. 99 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. This is also why risk management rules (Maximum Loss and Maximum Daily Loss) are among the most important conditions for maintaining an FTMO Account, and why we are constantly introducing new tools in our Account MetriX application to evaluate the success of a strategy to help traders achieve better results. 5% is perfectly fine. 49 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. These conditions are in a ratio of 1:1 (loss to profit), You can set it to any risk level but to match the target goal, you have to set it appropriately but it is very tricky if your risk is very near to the daily loss limit. The only Trading Objectives we require you to respect are the Maximum Losses Rules (Maximum Daily Loss and Maximum This is the maximal loss relative to the initial account. 6 lots per trade, which is not much for I stepped in to make the challenge at FTMO. When 7 losing trades below initial capital no trading for a week. Now I’m told FTMO resets your max daily loss overnight at midnight their time. I have not violated any of the rules and have gained 5% over 4 days. It's not that we want to restrict you from doing anything, but risking a big portion of your Maximum Daily Loss on a single trade idea may suggest that your strategy is not robust enough FTMO Max Daily Loss - 433 รบกวนสอบถามค่ะ 1. 93%) Passed: This value represents the lowest equity drop recorded on one particular day. com/watch?v=Xx4KbdsLZ2cIn this video I take a look at the FTM Step 3 – FTMO Account. So from my understanding that means every 6pm est your max loss resets. 03 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. 25 (-11. Starting on 3 Nov 2024, the offset between Prague’s (CET) FTMO only provides services of simulated trading and educational tools for traders. Start Hour Max Daily Loss End Hour Max Daily Loss; CET Time-00:00:01: 23:59:59: FTMO However, this is not relevant to all trading systems. Relevant to FTMO, the decisive timezone relevant to Max Daily Loss resets – Central European Summer Time (CEST) will change to Central European Time (CET). So far this month, I made $7,224. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. 72 (-1. 97 (-1. Eventually, he managed to recover from this, helped by good consistency of results and a good RRR (1. So far this month, I made $26,244. 00 and Beyond ft. Opportunity to move to Quantlane (subject to passing their assessment) FTMO companies do not act as a broker and do not accept any deposits. 92%) Passed: This value represents the lowest equity drop recorded on one particular day. 52 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. How did loss limits affect your trading style? At first, it was quite hard but then it got really easy as I realized the benefits of having Maximum Loss limits. They actually helped me to create a solid risk management strategy. Secondly, with sufficient back testing, you gain a certain level of confidence in your system. As a result, he had no problem at all with the Maximum Loss or Maximum Daily Loss limits. Things get a bit easier in the FTMO verification, as the profit target is reduced to only 5%. Passed my target profit but then realized I was slightly over when it came to daily loss. It also looks good in the risk management area, because the trader had no problem with the Maximum Loss or the Maximum Daily Loss. 52 and the average losing trade was -$513. 80 (-0. Current daily loss = results of closed positions of a given day + result of open positions. and 7 minutes they update they say i violated the rules. Demo Environment The FTMO Challenge (as well as Verification and FTMO Account) is conducted in a demo trading environment that simulates real market conditions without financial risk other than the fee paid for the challenge. The only Trading Objectives we require you to respect are the Maximum Losses Rules (Maximum Daily Loss and Maximum So far this month, I made $8,636. EXCLUSIVE: Get a FREE Trading Course. Closed that trade for a 6. On my 25k FTMO Challenge it says the max daily loss is exceeded today but it never actually did, i never did at any point go into drawdown above $1,250, i had stop losses set for every trade and today i only lost $698. When losing trades come, it becomes easy to stay positive because you know the probabilities are in your favour, and you'll be back in profit after the next couple of trades. Start Hour Max Daily Loss End Hour Max Daily Loss; CET Time-00:00:01: 23:59:59: FTMO Platform Time: 1 hrs FTMO Challenge update, their metrics system once again flagged an inexistent max daily loss violation, while the account both the balance and the equity were in profits. 00 is 2. 5k profit. The information Take a look at my performance in FTMO Challenge. 44%) Passed: This value represents the lowest equity drop recorded on one particular day. Your Maximum Daily Loss shown in the Account MetriX is now 400 USD and the Maximum Loss is still 200 USD as the lowest equity from the third day is still higher than on the first day, when the lowest equity was 9800 $. As you can see, the trader did not avoid a bad day when he was close to the Maximum Daily Loss limit, but even here he still had a fairly good margin. The first trade went at So basically say you are in -$400 loss already in that day and your max daily loss is -$1000 then if you made another trade which is in -$650 loss even if the trade is not closed yet, the max loss will be violated and you would not pass the challenge. End Hour Max Daily Loss; CEST Time-00:00:01: 23:59:59: To hit your 10 day minimum trading days litterally enter and exit 1 trade a day at like a $0. The relationship between an FTMO Trader and FTMO is based on the FTMO Account Agreement that we will sign with you after you pass your FTMO Challenge and Verification as well as the KYC/KYB process. Thanks! Start your FTMO Challenge today ftmo. So far this month, I made $5,018. Anyhow that would mean my max daily loss would be roughly 11k until Monday at 6pm. Suppose a trader chooses the $50,000 FTMO Challenge with a maximum daily loss of -$2,500. 50 loss or slight win. (Max. I placed a trading robot that I created onto the MetaTrader 4 platform, and the EURUSD market wasn’t particularly volatile. Start Hour Max Daily Loss End Hour Max Daily Loss; CET Time-00:00:01: 23:59:59: FTMO When you become an FTMO Trader, we can trust your trading skills and abilities to manage risk appropriately. 58%) Passed: This value represents the lowest equity drop recorded on one particular day. profit) $1,028. I was doing about 1% a day. We could call this trading objective “trader’s daily Stop Loss”. The total profit Maximum Daily Loss: $5,000 (5%) The maximum daily loss amount is calculated as 5% of the initial balance. Next trading weeks cannot exceed 3 losing trades. 20 (-3. The trader only needed 8 trading days to achieve this and his stats definitely prove his skills (or luck). 88%), but in the end it was his only losing day, the other trading days ended in the green. In this video, you will Please be mindful that Max Daily Loss is monitored based on Prague’s time and the daily drawdown resets at midnight. I had 50$ profit previous day which i forgot. I was so down. While these are important from the risk management and money management perspective, there are many more factors a trader must consider for long-term success. As can be seen, the trader had no problem with the overall loss. 10 (-1. Equipped with basic and advanced trading knowledge, analysis, and risk management skills, I'm ready to conquer the financial markets! Are you ready to be the next one? Start Hour Max Daily Loss End Hour Max Daily Loss; CET Time-00:00:01: 23:59:59: FTMO Platform Time: It is the first step towards becoming an FTMO Trader and trade my own FTMO Account! Take a look at my performance by following this link. However, if you hold this position with an open loss of $13,000 after midnight, the daily Take a look at my performance in FTMO Challenge. There has been no change in balance as all open positions were hedged 1 hour before and at end of day was open square +3k in equity. 33 (-4. Novice traders who want to pass FTMO Challenge should not only be concerned with the Maximum Loss or Maximum Daily Loss rules. FULL ACCESS HERE. The only Trading Objectives we require you to respect are the Maximum Losses Rules (Maximum Daily Loss and Maximum FTMO only provides services of simulated trading and educational tools for traders. The information on this site is not directed at residents in any country During the FTMO Challenge trading period, you've traded 14 trading days and so the objective for a minimum of 10 trading days was met. The trader executed 112 trades I really do appreciate the maximum loss limits. This is stupidity. How to pass ANY Funded Trader Program Evaluation - Risk Management Strategy:https://www. So far this month, I made $5,654. Trader; Accounts Overview ; Account MetriX 2102615494 +-Max Daily Loss -$2,500 -$2,432. The trader traded for two weeks and during this time he opened 54 trades with a total size of 91 lots. With each additional position being open, the trader increases the risk of exceeding the Maximum Daily Loss limit in case markets do not go their way. 47 (-0. Trader; Accounts Overview +-Max Daily Loss -$2,500 -$1,281. Example. 24 (-3. So far this month, I made $10,000. Your Maximum Loss is now 1500 $ and your Maximum Daily Loss is 500 $. On the same day, you have an open position with a currently floating loss of $13,000. Read a full comparison between FTMO vs FundedNext prop firms. My trading plan, which involves both technical and fundamental analysis, gives me the confidence to operate within the limits set by FTMO. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$4,653. There is no simulated profit due for withdrawal. FTMO only provides services of simulated trading and educational tools for traders. They set the industry standard for trader guidance apps. I also need to include the risk in trades that are open as Kindly manage your trades accordingly, taking into consideration that the Max Daily Loss resets at midnight CE(S)T and that the difference between Prague time and the Platform time will be 2 hours instead of the usual 1 hour for two weeks. The ratio between the maximum reached profit (Max. 12%) Passed: This value represents the lowest equity drop recorded on one particular day. วันนี้ถ้าเปิดอีก 1 ไม้ แล้วขาดทุนสวิงไป 60$ แล้วกลับมาปิด+ หรือปิดที่ขาดทุน 50$ แบบนี้ถือเป็น Max Daily Loss FTMO only provides services of simulated trading and educational tools for traders. For example, a businessman travelled on a vacation to a different time zone. After midnight account metrics says I violated max daily loss -3600. So if you enter the trade with 40 pip stop and 100 pip target and the trade goes 20 pips against you first, your MAE is 20 pips. The toughest thing to control in FTMO challenge is Daily Loss Limit only which can be triggered easily if you are in mood of revenge trading Start your FTMO Challenge today ftmo. Please contact us at [email protected]. AkaMRP FTMO Journey 45 replies. com +-Max Daily Loss -$5,000 -$574. Avoid violating the maximum daily loss. a stop loss and take profit and hope that the news doesn't drive the price heavily against you that so that your max daily loss is Be careful as the Maximum Daily Loss resets at midnight CE(S)T! Let’s say that one day you had a profit of $4,000. after i close all positions in loss the account matrix tell me i have about 200usd left max daily loss. 5% loss and come back to a 2. 5% will be $500 for the complete backtest. I went to took a nap and before that i checked my Start your own FTMO Challenge too at ftmo. So far this month, I made $9,695. Maximum Total Loss: $10,000 (10%) Despite the "bumpy" road to this result, the trader had no problem with the Maximum Daily Loss limit or the Maximum Loss limit, which he came nowhere near. profit) $2,553. Take a look at my performance in FTMO Challenge. The information on this site is not directed at residents in any country or As we have already mentioned, the trader did not avoid losing streaks, and in one of them he came quite dangerously close to the Maximum Daily Loss limit. Trader; Accounts Overview ; Account MetriX 2100801944 ; Account MetriX 2100801944. And when j checked my email i was sad. I want to be far away from the overall maximum loss. ? 28 replies. So one has much larger risk range in $ terms to play within. It is set as 5% (or 10% in case of an Aggressive risk mode) from the initial account balance. It contains your floating P/L and can only be replaced by a greater loss. I thought I had finally passed my phase 1 Since the Max Daily Loss is exceeded, you have officially failed the challenge. Trader; Accounts Overview ; Account MetriX 2091322334 +-Max Daily Loss -£500 -£305. This is because your previous day profit doesn’t count to a new day and the open loss of €2500 exceeds the max daily permitted loss of The Daily Loss Limit is an objective for your account and, if broken, does not count as a rule violation. It has a default value of 10%, which corresponds to $1000 for an initial account of $10000. Not trying to be offensive, but it was dumb to keep trading let alone without a stop-loss at less than -$500 or without keeping track of how much you were down for the day. Based on your account, this will differ. FTMO Challenge & Max Drawdown Issue 5 replies The answer for this is journaling and taking notes about your Maximum Adverse Excursion. However, if you hold this position with an open loss of $13,000 after midnight, the daily loss limit will be violated. The DLL is widely considered one of the more crucial risk management tools for helping traders control their potential No Maximum Daily Loss; Immediate payout; Possibility to join our Quantlane team (upon passing the assessment) With a dedicated seat and institutional trading desk in our Prague offices; FTMO only provides services of simulated trading and educational tools for traders. $1,000,000. 16 (-3. To ensure you will not be stressed by chasing any targets, we have completely removed the Profit Target requirement to give you the freedom to trade The current daily loss is €1900. 05%) Passed: This value represents the lowest equity drop recorded on one particular day. 03%) Passed: This value represents the lowest equity drop recorded on one particular day. All traders should follow some basic rules in their []. "Hi Does FTMO reconsider an account that has violated the daily max limit and is still in profit Maximum Capital Allocation increased to $600K No Maximum Daily Loss . 35 (-3. Hence, failing to pass How do people not read the rules before buying a challenge like this, yes - violated I saw that I got my 10% when I check FTMO it said that I exceeded my daily lose By like 500 bucks. We have developed this rule so that traders can become experienced risk managers with habits of professional traders. Trader; Accounts Overview +-Max Daily Loss Hi, I have created an Expert to trade for me when i take the FTMO challenge, The only thing i have left to code is the max daily loss limit. Profit Target: The profit target is the only thing different in this step. This is an average of something around 1. Trader; Accounts Overview ; Account MetriX 1051960554 +-Max Daily Loss -$10,000 -$22,239. 05%) Passing: This value represents the lowest equity drop recorded on one particular day. How does the Max Loss work in the FTMO Robot? This is the maximal loss relative to the initial account. 82%) Passed: This value represents the lowest equity drop recorded on one particular day. Hey guys Im new here and I was looking for information about FTMO daily loss and it brought me here. So far this month, I made $10,193. com. Utter shit. 73%) Passed: This value represents the lowest equity drop recorded on one particular day. rzrxng scz qlxijmz pnb cqdk noq gcvgbml dctact ubxhcxn lwzj