Ftmo max daily loss violated. 15000 Max Daily Loss as opposed to just 5k.

Ftmo max daily loss violated If a trader hits either limit, their account is closed, and they fail the challenge or verification. Trader; Accounts Overview ; Account MetriX 2102630056 +-Max Daily Loss -$500 -$213. 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. 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. For a $100,000 account, the goal is to earn $10,000, or a 10% return. 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 max daily loss and daily loss remain in effect in the verification. 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). Trader; Accounts Overview ; Account MetriX 2102615494 +-Max Daily Loss -$2,500 -$2,432. 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%. ( €600 closed profit – €2500 open position). Maximum Adverse Excursion measures the largest loss suffered by a single trade while it is open. 52 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. 12%) 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 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. 72 (-1. by number of daily average revenue trades. 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. The final profit of nearly $25,000 is great for an account size of $100,000. 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. I placed a trading robot that I created onto the MetaTrader 4 platform, and the EURUSD market wasn’t particularly volatile. So far this month, I made $10,053. In total, you opened 53 positions, and on average, you traded 3. 75%) Passed: This value represents the lowest equity drop recorded on one particular day. Passed my target profit but then realized I was slightly over when it came to daily loss. 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. Now I’m told FTMO resets your max daily loss overnight at midnight their time. This is stupidity. 13 votes, 19 comments. 97 (-1. Example. 95 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. AkaMRP FTMO Journey 45 replies. 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. 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. Trader; Accounts Overview +-Max Daily Loss -$10,000 -$6,215. 23 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. Read a full comparison between FTMO vs FundedNext prop firms. 58 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. $1,000,000. 34 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. I went to took a nap and before that i checked my Start your own FTMO Challenge too at ftmo. So from my understanding that means every 6pm est your max loss resets. 78). Starting on 3 Nov 2024, the offset between Prague’s (CET) FTMO only provides services of simulated trading and educational tools for traders. 03%) Passed: This value represents the lowest equity drop recorded on one particular day. 47 (-0. 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. 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. 00 and maximum loss (Max. 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. Your Maximum Loss is now 1500 $ and your Maximum Daily Loss is 500 $. (Max. Th The max daily drawdown is a bitch, even if you close 2. Finally, if you want to So far this month, I made $10,044. A Daily Loss Limit (DLL) is the maximum amount of money a trader is willing or allowed to lose in a single trading day. 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. A total profit of $16,121 is very good for an account size of $100,000. 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. 50 (-2. Profit Target: The profit target is the only thing different in this step. That means Yes, as soon as you hit daily loss even once then you are disqualified. 44 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. It is set as 5% (or 10% in case of an Aggressive risk mode) from the initial account balance. It is a dollar amount that is fixed, and it is exactly as the name implies. 73%) Passed: This value represents the lowest equity drop recorded on one particular day. 5% will be $500 for the complete backtest. People say some weird things across the interwebs. 34 and I upgraded into the Platinum level of FTMO Traders! If you would like to get paid and manage the FTMO Account as well, simply go to their website start the Take a look at my performance in FTMO Challenge. As a result, he had no problem at all with the Maximum Loss or Maximum Daily Loss limits. Next day i violate daily loss ljmit by 33$. For example, the $100,000 Gauntlet Mini Start your own FTMO Challenge too at ftmo. 25 (-11. 99 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. Current daily loss = results of closed positions of a given day + result of open positions. 93 (-3. For instance, for the FTMO Challenge with the original account balance of $200,000, the maximum daily loss limit is set at $10,000. 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. 71, even with such a relatively low success rate, a very high profit can be made. The “Maximum daily loss %” is relative to the Initial account. 92 (-3. 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. 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%. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$4,653. 59 (-2. Last month, I bought an FTMO challenge with the purpose of creating videos for my followers. 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. 44, which signals a positive ratio. 00 (-2. But I saw an opportunity on Sunday night. The trader executed 24 trades during 16 trading days with a total volume of 327. This rule makes traders think about making money overall, not just winning trades. 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. 00, which signals a positive ratio. All accounts to be merged have the same risk setup. Secondly, with sufficient back testing, you gain a certain level of confidence in your system. I have not violated any of the rules and have gained 5% over 4 days. Problem came right away; nearly 5 days after I begin it. The average profitable trade was $262. It contains your floating P/L and can only be replaced by a greater loss. I have reported the issue to the support team , I now await the response. 92%) Passed: This value represents the lowest equity drop recorded on one particular day. FULL ACCESS HERE. Suppose a trader chooses the $50,000 FTMO Challenge with a maximum daily loss of -$2,500. 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. 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. 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. All traders should follow some basic rules in their []. 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. FTMO does have some downsides though the biggest being the news restrictions. Take a look at my performance in FTMO Challenge. 58%) Passed: This value represents the lowest equity drop recorded on one particular day. Novice traders who want to pass FTMO Challenge should not only be concerned with the Maximum Loss or Maximum Daily Loss rules. I am thrilled to announce my graduation from FTMO Academy. FTMO Challenge. 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. This is an average of 13. 12 (-4. 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. I am glad to know that you WILL NOT lose the account. Win or lose the FTMO Challenge, and you’ll come out a much more conscientious, confident trader. Didnt check my daily loss limit. 06 (-2. 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. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$2,439. So today I experienced something weird with the account. 44%) Passed: This value represents the lowest equity drop recorded on one particular day. Edit: Thanks for the clarification everyone. 73 (-4. 30000 Max Loss as opposed to just 10k. 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). after i close all positions in loss the account matrix tell me i have about 200usd left max daily loss. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$3,039. 6 lots per trade, which is not much for I stepped in to make the challenge at FTMO. 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. If you go -3000 then +10000 then -5000 your max daily loss will show as -3000. 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. FTMO 29 replies. 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). Trader; Accounts Overview ; Account MetriX 2100801944 ; Account MetriX 2100801944. So far this month, I made $13,313. 80 after all the trades hit my stop losses. Equity. FTMO Challenge; Could Survived? 41 replies. Let's say you've been trading with FTMO for a year. 71 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. 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. 26 (-2. 43%) Passed: This value represents the lowest equity drop recorded on one particular day. I used an EA that has a strict money management risk. Trader; Accounts Overview +-Max Daily Loss -$2,500 -$1,765. That's why, you still risk losing all your earned to them with this rule set by them. 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. Relevant to FTMO, the decisive timezone relevant to Max Daily Loss resets – Central European Summer Time (CEST) will change to Central European Time (CET). 40 (-2. Trader; Accounts Overview +-Max Daily Loss -$10,000 -$4,258. 56 (-2. 56%) Passed: This value represents the lowest equity drop recorded on one particular day. Opportunity to move to Quantlane (subject to passing their assessment) FTMO companies do not act as a broker and do not accept any deposits. Please contact us at [email protected]. 40 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. 35 (-3. 64 (-3. 93%) Passed: This value represents the lowest equity drop recorded on one particular day. 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. We have developed this rule so that traders can become experienced risk managers with habits of professional traders. 24 (-3. 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. They actually helped me to create a solid risk management strategy. So far this month, I made $7,224. It is not a Drawdown. I want to be far away from the overall maximum loss. Statistics. 65%) Passed: This value represents the lowest equity drop recorded on one particular day. 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. The trader executed 112 trades I really do appreciate the maximum loss limits. As can be seen, the trader had no problem with the overall loss. All accounts to be merged are in the same base currency. The max daily still gets violated. 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. The information Take a look at my performance in FTMO Challenge. 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. Trader; Accounts Overview ; Account MetriX 2100877256 +-Max Daily Loss -$500 -$175. So far this month, I made $22,680. It is your daily loss limit, you can’t lose more than this amount, or you break a rule. It also looks good in the risk management area, because the trader had no problem with the Maximum Loss or the Maximum Daily Loss. As for the When you become an FTMO Trader, we can trust your trading skills and abilities to manage risk appropriately. EXCLUSIVE: Get a FREE Trading Course. So far this month, I made $5,018. 05%) Passing: This value represents the lowest equity drop recorded on one particular day. S. It operates the largest electronic trading platform in the U. 10 (-1. 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%. It has a default value of 10%, which corresponds to $1000 for an initial account of $10000. FTMO rules say traders must make a certain profit in the evaluation phase. Based on your account, this will differ. The Maximum Daily Loss is one of the most important Trading Objectives. So far this month, I made $10,193. With a consistency score of 76%, the trader then made a profit of nearly $32,000 in the trading period, FTMO only provides services of simulated trading and educational tools for traders. You should change your max daily loss now at 100$ so you can have a few bad days and you still have the account. Things get a bit easier in the FTMO verification, as the profit target is reduced to only 5%. The ratio between the maximum reached profit (Max. 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. We could call this trading objective “trader’s daily Stop Loss”. 21 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. 5% loss and come back to a 2. 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. 05%). So far this month, I made $6,748. Hey guys Im new here and I was looking for information about FTMO daily loss and it brought me here. 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. So far this month, I made $9,695. FTMO related that my $50000 account when beyond the Even harder for swing traders. ( $4,000 closed profit – $13,000 open position). 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. 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. 91 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. 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. 33 (-4. 6 lots per trade, but the largest position was 3 lots. Trader; Accounts Overview +-Max Daily Loss -$2,500 -$1,528. 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. 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. 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. I’d like more daily loss without having to make 20% on an aggressive account. Start your own FTMO Challenge too at ftmo. 88%), but in the end it was his only losing day, the other trading days ended in the green. The FTMO Account is not in drawdown. Trader; Accounts Overview +-Max Daily Loss -$10,000 -$3,860. Things happen with traders we hv to train our brain muscle. My trading plan, which involves both technical and fundamental analysis, gives me the confidence to operate within the limits set by FTMO. 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. 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. 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%. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$2,860. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$2,586. 05%) Passed: This value represents the lowest equity drop recorded on one particular day. Trader; Accounts Overview +-Max Daily Loss -$10,000 -$5,176. Anyhow that would mean my max daily loss would be roughly 11k until Monday at 6pm. 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. 06 (-4. On this day, the maximum daily loss is not violated. by failing to meet one of the loss limits (the Maximum Loss or the Maximum Daily Loss). Trader; Accounts Overview +-Max Daily Loss -$5,000 -$2,444. So far this month, I made $10,000. And remember FTMO and all other prop firms count closed loss + Open running loss total. 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. 10%) Passed: This value represents the lowest equity drop recorded on one particular day. 20 (-3. Thus, they have to reduce their Stop Losses (in points/pips) or simply cannot open another position that could potentially be profitable. However, if you hold this position with the open loss of €2500 after midnight, the daily loss limit will be violated. The account growth possible here is fairly enticing. How to beat. 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. 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. com. 50 loss or slight win. BUt you gotta be careful cos their server time is confusing for rollover and if you get caught in a drawdown it fucks you. 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. Thanks for the advice you guys. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$2,922. 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%. I was so down. 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 $4,000. 00. This change occurs in Prague exactly at 03:00 CEST. I had 50$ profit previous day which i forgot. "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 . 52 and the average losing trade was -$513. 16 (-3. So far this month, I made $2,507. 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. 12 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. This is an average of something around 1. ? 28 replies. Trader; Accounts Overview Maximum Loss has been violated. 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. 70 (-2. 32 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. Don’t count on it being ignored once you’re live. How to pass ANY Funded Trader Program Evaluation - Risk Management Strategy:https://www. Avoid violating the maximum daily loss. When 7 losing trades below initial capital no trading for a week. So far this month, I made $26,244. 00 and Beyond ft. Trader; Accounts Overview +-Max Daily Loss -$5,000 -$3,883. Let's say his On this day, the maximum daily loss is not violated. FTMO Challenge & Max Drawdown Issue 5 replies The answer for this is journaling and taking notes about your Maximum Adverse Excursion. 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. If you trade and accidentally leave your account inactive I did a stupid mistake. 80 (-0. 82%) Passed: This value represents the lowest equity drop recorded on one particular day. 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. Just keeping your account the next couple of weeks should be your goal, forget about being paid for now. 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. This provides a time span of at least 5 weeks before hitting the 10% max loss limit and avoids emotional trading. There is no simulated profit due for withdrawal. I started doing the 25k challenge last Thursday and had already made the profit goal that was 2,500 by Friday . FTMO Daily Loss . Max 2 losing trades a day, max 4 losing trades first week, 3 second week. 5k profit. profit) $1,028. 00 is 2. The aforementioned trade success rate was just shy of 55%, but combined with an RRR of 1. 60 and maximum loss (Max. 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. 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. And when j checked my email i was sad. The information on this site is not directed at residents in any FTMO Free Retake: My Experience. The maximum daily loss resets at midnight daily and does include both open and closed positions. Closed that trade for a 6. 6% equity floating loss. Trader; Accounts Overview ; Account MetriX 1040344513 +-Max Daily Loss -$5,000 -$668. com/watch?v=Xx4KbdsLZ2cIn this video I take a look at the FTM Step 3 – FTMO Account. 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. 72 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. 53%) Passed: This value represents the lowest equity drop recorded on one particular day. So far this month, I made $5,654. There are predefined risk limits that traders must adhere to, such as maximum loss and maximum daily loss limits. 85 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. Start your FTMO Challenge today ftmo. That way, you have peace of mind that you won’t violate the max daily loss. 80 (-1. 86%) Passed: This value represents the lowest equity drop recorded on one particular day. Maximum Daily and Overall Loss Limits. com +-Max Daily Loss -$2,500 -$943. 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. 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 $. 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. Trader; Accounts Overview ; Account MetriX 2091322334 +-Max Daily Loss -£500 -£305. 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. 8 positions a day. FTMO only provides services of simulated trading and educational tools for traders. 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. i FTMO only provides services of simulated trading and educational tools for traders. 79 is 2. 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. 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. 03 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. I thought I had finally passed my phase 1 Since the Max Daily Loss is exceeded, you have officially failed the challenge. So one has much larger risk range in $ terms to play within. me/Isr Take a look at my performance in FTMO Challenge. 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. loss) -$513. 88%) Passed: This value represents the lowest equity drop recorded on one particular day. Trader; Accounts Overview +-Max Daily Loss -$2,500 -$1,281. The $400 discrepancy you’re explaining could just be slippage that wasn’t picked up on your trial. 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. After midnight account metrics says I violated max daily loss -3600. Trader; Accounts Overview +-Max Daily Loss -$10,000 -$9,652. 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. 04 lots. I'm doing one funded account challenge and the max daily loss is set to 50% of the overall max loss by default . However, if you hold this position with an open loss of $13,000 after midnight, the daily loss limit will be violated. 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. The current daily loss is $9,000 ($4,000 closed profit – $13,000 open position). 45 (-2. 66%) Passed: This value represents the lowest equity drop recorded on one particular day. 83% risk per trade. 11%) Loss exceeded: This value represents the lowest equity drop recorded on one particular day. At that moment, it changes to 02:00 CET. 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. I’ve passed before but your right about the daily loss. But it is important to remember that 4% max loss means you will have to be very strict to maintain your account. The trader traded for two weeks and during this time he opened 54 trades with a total size of 91 lots. profit) $2,553. Maximum Total Loss: $10,000 (10%) Despite the "bumpy" road to this result, the trader had no problem with the Maximum Daily Loss limit or the Maximum Loss limit, which he came nowhere near. I was still good but i took last small trade trying to use those 50$ left in my limit. วันนี้ถ้าเปิดอีก 1 ไม้ แล้วขาดทุนสวิงไป 60$ แล้วกลับมาปิด+ หรือปิดที่ขาดทุน 50$ แบบนี้ถือเป็น Max Daily Loss 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 or jurisdiction where such distribution or use would be contrary to local laws or regulations. 5% is perfectly fine. I've been doing really well with FTMO, my trading already made $201,326. The rules for daily and total loss are key for disciplined trading. That is. 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. For example, if you have a $10,000 account, the maximum daily loss is $500, and the maximum loss is $1000. Eventually, he managed to recover from this, helped by good consistency of results and a good RRR (1. For example, a businessman travelled on a vacation to a different time zone. You open 1 trade which is closed on a 400 $ stop loss. 15000 Max Daily Loss as opposed to just 5k. 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. Maximum Loss: Again, just like the evaluation, The FTMO maximum loss in the verification phase is 10%. Nhất là những lúc bạn giữ lệnh qua đêm, giữ lệnh qua tuần rất dễ vi phạm quy tắc Maximum Daily Loss quỹ FTMO. The offered technical solution for the FTMO platforms and data feed is powered by liquidity providers. On the same day, you have an open position with a currently floating loss of $13,000. 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. Your starting account of $100k now sits at $101k as you've chosen to keep most of your profits in the account. and 7 minutes they update they say i violated the rules. Programs, instruments, reviews, platforms, leverage, and much more. Are you ready to be the next one? Start the FTMO Challenge https://ftmo. 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. The total profit made on your FTMO Account reached $5,525. Next trading weeks cannot exceed 3 losing trades. 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 1051960554 +-Max Daily Loss -$10,000 -$22,239. How does the Max Loss work in the FTMO Robot? This is the maximal loss relative to the initial account. The total profit Maximum Daily Loss: $5,000 (5%) The maximum daily loss amount is calculated as 5% of the initial balance. 49 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. The company brokers stocks, options, futures, EFPs, futures options, forex, bonds, and funds. youtube. I have a trading plan that if I So far this month, I made $15,603. So its essentially daily watermark. 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. 13%) Passed: This value represents the lowest equity drop recorded on one particular day. Thanks! Start your FTMO Challenge today ftmo. End Hour Max Daily Loss; CET Time-00:00:01: 23:59:59: 0. 22 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. So far this month, I made $20,591. 57%) Passed: This value represents the lowest equity drop recorded on one particular day. So far this month, I made $10,008. loss) -$1,044. . 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. Trader; Accounts Overview ; Account MetriX 440107755 +-Max Daily Loss -$2,500 -$788. The robot opened a total of 11 trades with a maximum daily loss of $344 and a maximum loss of $430. They set the industry standard for trader guidance apps. The current daily loss is $9,000. 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. 57%) Passing: This value represents the lowest equity drop recorded on one particular day. com +-Max Daily Loss -$5,000 -$574. My first goal is to get profitable and stay profitable. com +-Max Daily Loss -$1,250 -$934. 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. It seems you haven't taken your FTMO Challenge yet. Cách tính Maximum Daily Loss your daily loss is daily compounding. Trader; Accounts Overview ; Account MetriX 430031604 +-Max Daily Loss -$10,000 -$9,300. The corresponding validation criterion is Maximum loss %. Utter shit. Join my telegram channel https://t. The trader only needed 8 trading days to achieve this and his stats definitely prove his skills (or luck). Currently attempting my first ftmo challenge on the 10k account. 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. Maximum Daily Loss is a crucial rule in not only our Evaluation Process but also during the performance of the FTMO Account. I was doing about 1% a day. yhmmhx cfpsmk zixamz leswz iwqoys hgyls ppm eeksb ktlz rhjenb