Ftmo hedging reddit Share ADAM For FTMO 4 MT4 V5. Reddit has made some changes in their billing for API calls that effect ALL of 3rd party developers that have alternate apps. In essence, less than 1 in 100 people who take a paid challenge survive until the first payout and challenge refund. To put it simply they'd pay you £10m a year to If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. com, a trading forum run by professional traders. 5 lot short XAUUSD), the platform blocks the margin only for the bigger of the two sides (blocking Same here. Upon completing the Evaluation Process, traders are offered to enhance their trading skills on an FTMO Account in a demo environment as FTMO Traders with a balance of up to $200,000 in fictitious funds. Trust me, if you can't manage to stay within prop firms dd limits The rationale behind this rule is to discourage traders from using hedging as a means to manipulate market prices or artificially create an advantage over other market participants. Hedging. Otherwise, unless you already have a good amount of capital to trade, Always payout, every time. Get the Reddit app Scan this QR code to download the app now. Valheim; Genshin Impact; Minecraft; If you can reliably make good returns as a private investor then working as a trader for a hedge fund or would earn you way more. So to them, it is a completely risk free business. The reviews and testimonials are all 100% If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". Currently trading 200k and once I max out ftmo I'll look for others prop firms to get more AUM but until then ftmo is the way to go for me. (It messes with Of all the prop firms, FTMO is slightly better, since they don't put a cap on the maximum trades we can open, offer a 1:100 leverage, allows hedging and any strategy we like. The company provide you with As promised yesterday, I applied for a paid challenge to publicly assess the FTMO challenge and resolve once for all all questions about legit or not scam or not. I have come along way! Please share your experience with trading or even FTMO :) View community ranking In the Top 1% of largest communities on Reddit. . I've made 4 withdrawals since May. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 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 Welcome to FXGears. The max daily loss is the thing you need to watch out for. There’s a reason why US regulated also can’t hedge, trapping a trader into going back and forth, closing trades in negative, is highly profitable. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. FTMO is by far the most popular firm and they had to turn US clients away, I haven't purchased any challenges from any prop firm since the news came out for FTMO, it was a sign to save your money. By hedging, you can atleast make (small) leverage on the trend. They just dont allow opposite trading. After you pass the Evaluation Process (consisting of FTMO Challenge + Verification), and unless your account type is Swing, you should be careful when trading during news releases. What are your thoughts? Strategy Share This guy should either be hired by a large hedge fund or did 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. They don’t use EightCap like many do, and systems have always been stable in terms of execution speeds, slippage etc. Ftmo support answer: We plan to honour all our commitments to our clients. I have 2 ftmo challenges under the same account and I've been scalping on both accounts placing similar trades a minute or less apart but with different stop losses. Having an affiliate program doesn’t make a company a pyramid scheme 🤣🤣 8% of the challenge fee for a 100k account is about €45, whereas earning 1% gain on a 100k account with FTMO would earn you $700. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! In a weird way, when I treat my FTMO accounts and Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! It’s funny how most people don’t know the actual purpose for hedging. The charts in TradingView and on the FTMO MT5 platform may have slight differences in terms of price levels and candlestick patterns. Best. View community ranking In the Top 1% of largest communities on Reddit. Go and hedge your losses FTMO isn't all sunshine and rainbows, but they have the risk rules in place to protect you (and to protect their money). However, it is not a I think hedging is a great option on a personal account. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). FTMO does have some downsides though the biggest being the news restrictions. Commissions/spreads are low and competitive. The company provide you with As long as your trading is legitimate (in line with proper risk management), conforms to the real market conditions, and does not resemble forbidden practices, we have no reasons for limiting or restricting your trading strategy, In an FTMO Challenge and Verification, you can trade freely during all news releases. Valheim; Genshin Impact FTMO, etc take 110+% out of your profit by copying your strategy. Top 1% Rank by size . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! If you watch some ftmo interviews on YouTube you will easily notice how little experienced are some of the guests. Savings: Get a 10% discount on all future FTMO purchases. Yes , I keep it in mind however one question I still have if I'm in gains of let say 1k , does the daily loss self adjust? Another question is about hedging a trade but from my experience they would still consider the hdged loss not the winner ,so for this experience I won't be hedging my trades 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. No "gotcha" moments or stupid fine print rules. Free Challenge: Earn a free FTMO challenge at the same size as your current account. How much should we be risking per one trade? In most textbooks and online education programs, we can learn that we should But here is the problem: is FTMO using the same business model ? Especially because they claim they use their risk management for demo accounts connected to live markets. Also live account cant buy you a peace of mind since anybody would rather lose their funded account than blow their live account worth of $3. 25 - 1420+ upvotes r/Forex_Robots. The combined FTMO Accounts need to be at least at their initial account balance to be merged and meet the following conditions: The FTMO Account is not in drawdown. Now, my hypotesis are 3: They are really professional traders FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. The FTMO company offers extremely favorable working conditions for talented and promising traders. Currently hedging a loss though but i plan on catching pips all week. Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! After weighing both sides, I've found that prop firms like The5ers or FTMO, offer the advantage of accessing additional capital without putting all your personal funds at risk The large participants do not speculate about the prices, they more often use forex trading for hedging purposes. This is important. For now this is the end of my journey with FTMO as those who have been following my progress know I develop an algo in the MQL language. If you pass it, you get funded. Reply reply More replies More replies. They include quantitative trading firms and hedge funds. We don't have the greatest choices here stateside compared to those living in Europe. In case the situation develops differently, everyone will be informed accordingly. As you most likely know, there is no Profit Target once your trade on an FTMO Account, however, you can take advantage of our Scaling Plan to increase your balance by meeting certain conditions. if you break even on a trade you still lose with them. For example, if a trader starts trading on the 1st of April, the first Reward Day will be available on Started the Ftmo challenge really well, stage 2 is a different story . If you can make 10% on FTMO for 5 months, on your private account you will have: Month 0: Having to stay within the risk parameters, going w/ that large of a position size you’ll find yourself “compensating” for commissions (at least I do, when I’m actively managing a hedge position on there) I want to compound a real account with these returns. But even shit traders can get lucky, hence I want to compound a real account with these returns. That being said, ftmo recently made available extensions if you are close to the target and from day one even if you don't hit the target within 20 trading days you will get a retry anyway. This is because TradingView sources its price data from various exchanges and data providers, whileFTMO's MT5 platform sources its data directly from its liquidity providers. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! It works for central banks and hudge hedge fundsit And the good ones hedge their exposure and double down on proven traders in addition to taking the evaluation fee, I’m looking at fivers and FTMO here for sure, but there could be others. The article will describe how to save money if you have some hedged positions. Risk per trade. Sort by: Best. Or check it out in the app stores I have run my expert advisor and the results of the last year were achieved by risking approximately 1% per trade on my FTMO demo account. When the rule against hedging is in effect, traders are generally prohibited from holding opposite positions in the same currency pair simultaneously. Gaming. spread. Let’s now have a deeper look at each participant and what their intentions are in the market. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. their only "teaching method" is taking profit as soon as you can. I still think FTMO is a great short term idea. Even if your current position is hedged, the profit/loss ratio can still fluctuate due to floating spreads. 5-1. Now they have removed US clients access to MetaTrader and are pushing DXtrade instead. We have reviewed and rated many prop firms, including those that allow hedging which you can find in this article. MyForexFunds is a prop firm out of Canada with similar challenge parameters as FTMO. 5% profit View community ranking In the Top 1% of largest communities on Reddit. not really. The 5ers have not clearly specified on their website so idk about them. FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Now over 3 years later, I see that FTMO still exists and now they allow crypto alts trading (xrpusd etc) which is nice! I wanna hear from anyone that has been trading on a live During the weekend that has just passed, FTMO announced their account type known as “FTMO Swing” which allows traders to trade news and hold trades through the weekend. Funded 10k FTMO. 2) Download HERE. So far so good, but I got there in 8 trading days instead of the minimum of 10 trading days. Or check it out in the app stores     TOPICS Hedge Scalper EA 2024 MT4 with set (v24. if it's too good to be true it generally is. For this hedging process to work, you will need two accounts: a prop challenge account and a live account funded with a smaller amount. So you cant hedge the same security on different accounts. As time have changed the definition of alpha males has also, atleast mine. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. 5% from entry price) which should result in 0. r/Forex_Robots. If they fail, you are still out FTMO's challenge fee. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Most of the traders that I know of who trade without a stop loss use hedging strategies instead and that's what works for them but they know how to implement that strategy Please leave your thoughts in the comments. We refer to that as something called a perfect hedge because wherever price goes you're going to stay at net zero. Hopefully Welcome to FXGears. Let's say you took both positions at the same time using the same exact lot sizes. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. On this community our goal is to share most latest forex trading manual and Welcome to FXGears. If I had blown the FTMO account then I would be with 5ers and would know more by now. If you want succeed with a prop firm you need a stop-loss. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Their prices were dirt cheap, almost half of ftmo for smaller accounts so it was not sustainable. The result is -$37 As long as your trading is legitimate (in line with proper risk management), conforms to the real market conditions, and does not resemble Does FTMO allow hedging?? FTMO is an award-winning prop trading firm where you can take part in challenges to qualify to trade the company’s capital and receive up to $2 million in funds and keep 90% of profits. FTMO & MFF Funded certificates Doing new ones this year follow my journey! u/wannabechampfx ADMIN MOD • The Secret to Passing ANY Funded Challenges using this 3 Step Strategy, sharing the strategy breakdown, the psychology and the thought process when doing a funded challenge. FTMO is legit, and I assume they have a lot of very successful traders. Technically a risk-free trade but it's essentially gambling which FTMO is cracking down on. FTMO companies do Welcome to FXGears. However, the differences between the two should not be significant Welcome to FXGears. FTMO basically, made a two-step process to check out your trading performance. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO official response: Hi there folks, thanks for your comments. Can't go wrong with FTMO. Even among the currency pairs themselves, we can find those that are influenced by commodities such as the Canadian dollar, the Australian dollar is strongly influenced by economic events in China, etc. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I've also heard FTMO has $3/lot as their commissions, and if this is the case, my strategy should simply be more profitable on an FTMO server. then that just means all prop firms who accept us clients currently, will soon follow suit. Effective this weekend, 24th/25th Aug 2024, the mechanism of margin requirements for hedged positions will be changed. It has developed a sophisticated multi-level evaluation system to select the cream of the crop. Open comment sort options. Withdraw profit - Always! Remember, martingale is a gamble! It's not trading strategy, it's a gamble where it makes you alot of money but in a split second could lose everything you've built for months. FTMO is an award-winning prop trading firm where you can take part in challenges to qualify to trade the company’s capital and receive up The issue here is that you see all the 'success' stories and no failure stories. Traders can enter opposite positions on the same pair, or take advantage of correlations in certain currency pairs, temporarily limiting their losses this way. I felt ready, and started my first ever FTMO challenge on Monday gone, ended up making 9% this week and I am around €70 from the profit target of €1000. Can I trade news? In an FTMO Challenge and Verification, you can trade freely during all news releases. At FTMO, we are well aware of this and that’s why we provide traders an initial balance of up to $200,000. I want to compound a real account with these returns. Our FTMO Challenge is the first step of our Evaluation Process. Additionally, you need close any open positions on the pair it'll effect . well honestly, if it happened with FTMO, Funding pips, etc. EA uses a well-calculated hedging strategy to either pass the prop challenge or recover the cost of the challenge (challenge fees), so you don't have to pay for another challenge if the first one fails. comments sorted by Best Top New Controversial Q&A Add a Comment. If you would like to combine your individual FTMO Account into a single master FTMO Account, we can do so upon request. Do my statements make sense? If yes, why would anyone not go for a swing account? Welcome to FXGears. They also allow hedging, if that's your thing. So you cant short the eur on one account and buy it on another. they dont have any course/teaching method. The current situation is not impacting payouts or other services that we provide to our existing clients. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Price of 8x 200k FTMO accounts(in USD)- $1190x8= $9520 10% gain - 20% profit split + refund - price of accounts = $20000-$4000+$1190-$9520= $7670 full-hedge normally is not Welcome to FXGears. You can't run away from going against trend. Why isn't there any proof of FTMO scamming people. None of the people that fail post anything up on reddit because there is no point, while the people that succeed (which is a tiny %) are on here having their 15 mins of fame before 99% of them inevitably lose the account which they attained through luck rather than actual trading skill. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 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 Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to subreddit for discussing everything related to stocks, trading, and investment strategies. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. It’s a massively profitable business and the market is big enough for prop firms to make a fuck tonne of money, and for traders to make a fuck tonne of money trading with them, if they know what A long put has negative delta so anything with positive delta can work as a hedge. So for example , I have a masters and my main research guy is a PhD (sure he is the kinds who wears pants to this chest, same clothes for 3 days etc I am joking a little) but when a bunch of us are in a meeting and he is sitting quietly on the side and at the end says something that we missed or a comment which is Welcome to FXGears. FTMO has a dashboard that lists the times that the news will be released. Having to stay within the risk parameters, going w/ that large of a position size you’ll find yourself “compensating” for commissions (at least I do, when I’m actively managing a hedge position on there) Having to stay within the risk parameters, going w/ that large of a position size you’ll find yourself “compensating” for commissions (at least I do, when I’m actively managing a hedge position on there) I want to compound a real account with these returns. No issues. Started my prop firm journey with 5ers! Been trading with 80% accuracy for 3 months on my personal account. After you pass the Evaluation Process (consisting of FTMO Challenge + Verification), and unless your account type is Swing, you should be careful As promised yesterday, I applied for a paid challenge to publicly assess the FTMO challenge and resolve once for all all questions about legit or not scam or not. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Get the Reddit app Scan this QR code to download the app now. We know about the MT4 function that many traders are unfamiliar with or Welcome to FXGears. Do you practice hedging in your trading? If yes, then you are the right person who might be interested in the article we’ve prepared for you today. That idea of yours may get you through the first phase, but In today's video, we'll look at how to hedge properly and, above all, ending the hedge position so we do not pay unnecessary commissions and spreads. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! In a weird way, when I treat my FTMO accounts and personal account (connected with social trader tools) like demo accounts, I stop caring so much that it messes me up. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Also Im not saying ftmo did some shady shit but my account indeed was hacked, but i didnt place those BTC trades i was sleep at the time. Correlation and hedging. Utilize the Golf Clash Discord for questions and chatter. AutoModerator • FTMO developed a unique Evaluation Process for traders, consisting of an FTMO Challenge and a Verification, specifically tailored to discover trading talents. 5k During the FTMO Challenge & Verification, you can ignore the rule of not trading in the window of 2 mins before to 2 minutes after the specific releases. Top. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. So now I have my Personally I use ftmo's free trial because it gives my paper trading some purpose and when you have a true p&l and you're able to see what you're doing you understand that anything works you just have to prove it. Currently, if you hold hedged or partially hedged positions (EG: 1 lot long XAUUSD and 0. a 60 lot position would blow your 2000$ account so fast if left alone which is why the US is limited so heavily Hello, I am developing a script that trades using hedge mode Strategy is simple, open both long and short positions at the same price, tp at 1% for both sl at 1. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Are there ways to hedge against a major dollar crash using Forex? IE: Not short-term plays trying to 'time' a dip, but a hedge that sits in place indefinitely, or at least for Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. 05%, if tp is hit the sl for the opposite side is changed to 50% of the tp hit (tp hit at 1% sl becomes 0. Reply reply FTMO doesn't use a time limit anymore which is extremely good because it means even if you trade as a normal profitable I feel like FTMO in the near future will get rid of their daily loss restriction and flip to an absolute DD model since competition is starting to really increase in the retail prop firm space and unless FTMO can adapt to it well it's not going to be good for business. You can lose 10% on FTMO with 10% target, so you have to double your account. Sorry OP but that's a dumb question. They test you on your motivations, statistical and coding knowledge as well as intuition for market risk in Can I trade news? In an FTMO Challenge and Verification, you can trade freely during all news releases. The real question is do YOU have a consistent and profitable method? That is the real question. Following is the trade restriction table for our FTMO Traders with specific types of reports and Welcome to FXGears. Welcome to r/InnerCircleTraders, the largest ICT community on reddit! This community serves as a dedicated space where ICT's followers can connect, discuss Welcome to FXGears. Some examples are insurance contracts, Welcome to FXGears. with 1:100, that same 2000$ now let’s you buy 2 lots with a 1:3000 that means with 2000$ cash you could buy 60 lots. The biggest Welcome to FXGears. Step 1 – FTMO Challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! With hedging type, a buy and a sell orders of a same instrument is accepted as two different orders and both remain as open positions. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Dont give up on prop firms, especially FTMO. Better to get the answers from the horses mouth than randoms on the I'd say the biggest downsides are you have to be able to pass a challenge first, which with some like FTMO, definitely set the bar high, then you have to have the right mindset as poor psychology will only net you a lost account if you become greedy, start treating your trading like gambling, become fearful, etc. Placing trades on TV directly connected to mt4 (FTMO) Hello, i've been looking to place my trades directly on tradingview since it is an huge advantage for me while at work. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly as, in the future, we can use your FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. Prop Firms Hey everyone, i started frmo about a month ago, it took me about 2 weeks to pass the first challenge, last week I started the second phase of the challenge and the whole time I've just been in loss, I've been trying to trade in a disciplined manner and haven't Welcome to FXGears. true. FTMO's 70/30. By using the prop firm account, You are using a hedge on your portfolio at the cost of the entry to the prop firm + a profit percentage, as well as buying the leverage of the larger account size. So you cant hedge the same security on different accounts. Trust me, if you can't manage to stay within prop firms dd limits You don't get his logic, because you apply the same rules to a private account. People bitch about higher cost and FTMO being 'plain jane' without all the bells and whistles, but that's what makes them great. Or check it out in the app stores FTMO has a swing trading account that allows you to hold positions over the weekend, and there are no limitations on trading around news releases. Very happy with myself and my progress, especially that I started trading less than a year ago. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I only know of FTMO-but you can only hedge on the same account. If you can't manage Hedging works better when the original investment and the hedge have similar timeframes. Let me guess, you don't have a backtested working strategy, can't manage your risk, you're overleveraging, can't handle your emotions, you're bitter and blaming FTMO/others for it. However, markets may not always behave predictably, correlations are never 100% and in the worst-case scenario, both open The spreads with FTMO are insanely small and no regulated US brokers come close to them. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! So this how the first FTMO payout went. Trading spx500 went short around noon, and it didn’t come back. Adding to positions to balance out FTMO - I’d advise anyone to use FTMO before another firm as an overall choice, simply because they’re possibly the most established and reputable firm among the industry. Alright on the chart above the green line represents a buy position and the red line represents a sell position. if you have a 50k account your max daily loss is 5k. Got to give it to FTMO. That idea of In today's video, we'll look at how to hedge properly and, above all, ending the hedge position so we do not pay unnecessary commissions and spreads. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Exmaples of prop firms with no time limit: MyForexFunds FTMO Alpha Capital Etc. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms Welcome to FXGears. More posts you may Perfect Hedge. You will never have worry about a "MyForexFunds" moment w/ FTMO. Unfortunately, many are not quite right and many are misleading. Open 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. Prices are relatively higher than other firms but like everything, reputation comes Welcome to FXGears. But here is the problem: is FTMO using the same business model ? Especially because they claim they use their risk management for demo accounts connected to live markets. It sounds simple but please don’t underestimate it. He doesn't mention it in in the FTMO recently blocked new and existing US clients from purchasing new challenges or trials. For static hedges you neutralize your delta with stock and for dynamic hedges you typically use options. Am I gonna get suspended in the future? I'm almost through the 200k challenge and my consistency is looking promising. If you’re an average retail trader MT4 is far easier to lose money with, especially when you go the EA route as the back tester in MT4 is all but useless. - No challenge was done in a day or a single lucky trade, all trade FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. I traded a little more aggressively than I wanted to on this account but it ended up paying off. Some traders will over-leverage and hedge orders during this event. Facebook Twitter Reddit. The subreddit has not kicked you out or gone private. FTMO has won international Imagine you have the choice of trading the prop firm account value or a prop firm account with that value (your $100,000 or FTMO’s $100000). com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Traders that are less than 50% profitable, you could secretly hedge there trades because you know in the long term they are not profitable. many traders get A booked, they definitely don't. Go to FTMO_Forex_Trading r/FTMO_Forex_Trading FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and I think so. There is no simulated profit due for withdrawal. Here are my findings: WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. With an account type as Netting, with the 11 votes, 28 comments. What are your thoughts? Strategy Share This guy should either be hired by a large hedge fund or did FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Check out my shared screenshots with FTMO challenge stats for a closer look at the journey to success. The hedging works better when the relationship in monetary movement between the things you did originally, and the things you do as a hedge are as opposite as possible given the same uncertain outcome. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! In the Settings, tap your account, there will be Hedge or Netting word after the leverage. The result is -$37 FTMO is an award-winning prop trading firm where you can take part in challenges to qualify to trade the company’s capital and receive up to $2 million in funds and keep 90% of profits. e. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Currently I'm doing the FTMO challenge and I got to the profit target. Các thông tin trên trang web này không dành cho các cư dân ở bất kỳ quốc gia hoặc khu vực tài phán nào, nơi mà việc chia sẻ hoặc sử dụng chúng sẽ trái với luật pháp hoặc quy định của địa phương. This way, we can keep our risk per trade very small while still potentially achieving large gains. I just lost an account too. Thus, if you are approaching your limits, it is Hedging is not for everyone. More posts you may like Welcome to FXGears. Reply reply Top 1% Rank by size . Open comment sort Get the Reddit app Scan this QR code to download the app now. Don't take advantage of gaps in the market. Your first goal for the day is developing good trade ideas, a close second is managing risk. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! With FTMO, to get your 70% profit share, you have to invoice them, which I would do from my LLC (once I create it). Now my question is are you able to lets say buy 8 accounts and hedge them all to pass both steps of the challenge, for example we buy 4 ftmo and 4 from 5%ers? im aware some prop firms share the same liquidity providers, but I highly doubt ftmo and 5%ers do. As for the stats, the passrate ranges to something like 5-10% give or take, and only 1-2% out of those passed eval meet all Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Just wondering how any funded traders on here deal with the news rule on FTMO, that a trade cannot be left or entered within 2 min either side of the news release? Traders in If you are looking for a prop firm that allows hedging, then we have got you covered. I guess the main questions are- is that the best way to do Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hello, today was my first day as a FTMO trader, and didn’t go as planned. These companies form the basis of forex as a market and can profit from the price movement of underlying assets as well as from the difference between the bid and ask price, i. However, continuing to give FTMO 10% of my profits and more importantly the data they collect over time with all my trades is reason enough for me to move on. 9%) of those survive until the first payout/refund of challenge fee. Indices usually gap at market close. Some people like to go with more trusted options. sometimes accidentally placing the same stop losses. You have to be profitable to be able to make money on their Just like another person said, FTMO states that they do copy some traders and theyre the best prop firm so it would make sense that there are at least 100 or so from whom they can copy. How much should we be risking per one trade? In most textbooks and online education programs, we can learn that we should Welcome to FXGears. Even fewer percentage (0. As for the spread itself, its size depends on market Does FTMO allow hedging?? The r/GolfClash subreddit is dark from June 12th-14th in support of the Reddit Blackout Protest. You can't open or close a position on The FTMO company offers extremely favorable working conditions for talented and promising traders. If you can make 10% on FTMO for 5 months, on your private account you will have: Month 0: 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. Hedging works better when the original investment and the hedge have similar timeframes. Following is the trade restriction table for our FTMO Traders with specific types of reports and Hedging - Place entries both ways. We don't enforce it as we want to make it easier for you to pass the evaluation process. The leverage is only 1:30 instead of the usual 1:100 however it is easily compensated by trippling your lot size. You can't open or close a position on well honestly, if it happened with FTMO, Funding pips, etc. Or check it out in the app stores     TOPICS. so go with a firm with a Welcome to FXGears. In terms of leverage FTMO is still the king with their 1:100 leverage. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! These are excellent questions to ask FTMO via email or chat online, they respond almost immediately. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO has been in business reliably for over 8 years as a prop and longer as a broker I believe. Margin Requirement Changes for Hedged Positions. FTMO chỉ cung cấp cho các nhà giao dịch những dịch vụ giao dịch được mô phỏng và công cụ mang tính giáo dục. Was surprised when the transfer hit my account wasn’t expecting it, but it’s legit. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO during news . My question to everyone is what does a The difference between FTMO Account and FTMO Account Swing is that, in the second one, you can trade through news and hold trades over weekends. If you had the capital where you could afford to lose 5k a day i’m sure some people wouldn’t be trading for a prop firm but even if they did that’s extra money that they only had to pay $300 or even if they tried the challenge multiple times on different occasions it would still be worth your Welcome to FXGears. Yes , I keep it in mind however one question I still have if I'm in gains of let say 1k , does the daily loss self adjust? Another question is about hedging a trade but from my experience they would still consider the hdged loss not the winner ,so for this experience I won't be hedging my trades You don't get his logic, because you apply the same rules to a private account. Important economic news often leads to a significant increase in spreads, which causes a temporary loss and in some cases can lead to a violation of the FTMO Challenge & Verification rules. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Those who do, work at hedge/quant funds. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I used FTMO in the past and they are legit, I was able to withdraw and everything but I had to change my strategy and it doesn't work with FTMO's parameters. One way to avoid placing a Stop Loss is, of course, hedging. In finance, the notion of hedging means creating a position in a particular market to minimize risk from another position. According to MFF's own statistics around 2. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I actually had an account with the 5ers but blew it because I was hedging with FTMO. The most renowned group of liquidity providers, or Tier 1 LPs, includes large global banks such as Deutsche Bank, JPMorgan, Citibank, large non-bank companies, hedge funds, etc. 8 - Win rate of 55-60%. If they pass, you pay. so if you have a 2000$ acc (roughly) you could at most (roughly) buy 1 standard lot eurusd. An investor who follows multiple currency pairs thus has more opportunities to appreciate his funds during the trading Welcome to FXGears. Don't believe in negative comments. (It messes with their algo bc they use bots to trade against their Of all the prop firms, FTMO is slightly better, since they don't put a cap on the maximum trades we can open, offer a 1:100 leverage, allows hedging and any strategy we like. New If FTMO Trader doesn’t make a change to their Reward Day before the end of a one-month cycle, the Reward Day will be anchored to the last day of that particular Reference Period, without the option to change it further in the current cycle. But to your point about increasing from $140K to $300K: are you seriously proposing that a reasonable person, acting prudently, would let $160,000 sit in a a non-intrest-bearing-account if there was the slightest chance they may never receive that money? I find that this stretches credulity Welcome to FXGears. 1% of those who take a challenge pass both stages. well it’s simple, 1$ in cash in your account = 50$ margin. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Ask me how I failed my FTMO challenge with 0 losses (currently no open trades) Prop Firms Share Add a Comment. Questions Guys quick question, can i left positions opened during news for the normal account? (Hedge position) Share Add a Comment. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. Go to FTMO_Forex_Trading r/FTMO_Forex_Trading FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and . Traders can enter opposite positions on the same pair, or take advantage of correlations in certain currency pairs, temporarily limiting their The rationale behind this rule is to discourage traders from using hedging as a means to manipulate market prices or artificially create an advantage over other market participants. The trading period is the same for both risk setups, and the same fee refund applies here with the first payout from your FTMO Account. Keep trading sharp! Share Add a Comment. I was just wondering how people feel about this as these two things were the only “weaknesses” FTMO had in comparison to other prop firms. I decided to hold off on paying until I understand if it’s something that’ll hit Welcome to FXGears. Our community Welcome to FXGears. Hedging shouldn’t be used to make profit instead it should be used to protect the capital of a trade I disagree with the first point you made. 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. com. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I was just about to buy an FTMO challenge then I found out that MFF had been taken down. I think hedging is a great option on a personal account. In fact, due to the initial payment for the spread, any trade is opened with a small loss. We will open two positions, one buy and one sell. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Regarding hedging, since you don't have a stop loss, what happens if your trade goes wrong and you don't have time to manage it or are asleep. Regarding account management, MyForexFunds put out some interesting statistics about their traders a couple of months ago. - To be with other like-minded forex How to save while you hedge? - FTMO. Trading is hard. However, it is not a Hedging can work but not the way you are saying. My question Welcome to FXGears. You will notice that there's two types of hedges: Static hedges and Dynamic hedges. There are many different tools through which you can hedge. The reason this happens is because the ftmo/funded account allows hedging of positions. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO doesn’t have time limit anymore, so I would decrease risk even more, risk so little that you can easily lose 20 or more trades in a row. They test you on your motivations, statistical and coding knowledge as well as intuition for market risk in Hedging - Place entries both ways. fge vfn qsoog rxtc buh lzqb kznt avmtmwbz kzg jofn