Ftmo hedging reddit Very happy with myself and my progress, especially that I started trading less than a year ago. This is important. 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. Reddit has made some changes in their billing for API calls that effect ALL of 3rd party developers that have alternate apps. Technically a risk-free trade but it's essentially gambling which FTMO is cracking down on. In case the situation develops differently, everyone will be informed accordingly. 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. Some traders will over-leverage and hedge orders during this event. Deloitte doesn't hand that shit out like candy because their own brand's credibility is on the line when they do. Indices usually gap at market close. Ftmo support answer: We plan to honour all our commitments to our clients. You can lose 10% on FTMO with 10% target, so you have to double your account. I say that because they have great customer service, cheaper prices than FTMO, great community and the owner engages with the the traders and does give a ways and discounts very often. Most people only lose the challenge because of too much risk and therefore the mindset takes a hit. That idea of yours may get you through the first phase, but what happens after that? 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. Mt5 summarizes your trades so if you open long of 1 lot then want to short 0. I actually had an account with the 5ers but blew it because I was hedging with FTMO. So you cant hedge the same security on different accounts. Doing well maxed my funding on FTMO, I see that as a bank now lmao, currently doing the prop firm challenge and using a trade copier to mirror my entries onto my ftmo accounts, and US30 only I made the switch to this around 6 months ago 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. 5 it will sell 0. If you can't manage risk/hedge your positions, what good are you to any legitimate trading desk? 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) Hedging works better when the original investment and the hedge have similar timeframes. 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. Going to do some testing when the market opens. Guilty of doing news releases too hahaha and for what it’s worth it says here “Please note again, these restrictions on trading during the restricted news events do not apply to FTMO Challenge or Verification accounts. If I had blown the FTMO account then I would be with 5ers and would know more by now. Take your time, bad losing streaks happen to everybody. Price of 8x 200k FTMO accounts(in USD)- $1190x8= $9520 10% gain - 20% profit split + refund - price of accounts = $20000-$4000+$1190-$9520= $7670 Relatively new to prop firms, appreciate any helpful comments. This is why I recently have been focused MFF and especially FTMO are golden. I think hedging is a great option on a personal account. (It messes with their algo bc they use bots to trade against their customers). I'm by no means bragging, I'm simply stating that FTMO is worth it and anything worth doing is hard. FTMO has won international awards from fucking DELOITTE for 3 or 4 years straight. The 5ers have not clearly specified on their website so idk about them. 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. The article will describe how to save money if you have some hedged positions. Like the market owes me right. I think most of it comes to revenge trading and options instead of a stable cash account like FTMO where I don’t have theta or PDT. 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. ” So you could do news if you wanted to just to pass the challenge and get your funded account but then going forward you have restrictions 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. Utilize the Golf Clash Discord for questions and chatter. Does FTMO allow hedging?? Is hedging allowed on ftmo 10k normal account? I passed, focusing on my risk management, not profit. 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. I want to compound a real account with these returns. 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 The r/GolfClash subreddit is dark from June 12th-14th in support of the Reddit Blackout Protest. 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 best prop firm besides FTMO AID The Funded Trader In my option. The current situation is not impacting payouts or other services that we provide to our existing clients. Your first goal for the day is developing good trade ideas, a close second is managing risk. (1% of risk per trade with 66% win rate) FTMO rules are far laxed compared to the firm I work for now but l manage a far bigger book and obtain bonuses and payouts. 800$ 4. FTMO isn't all sunshine and rainbows, but they have the risk rules in place to protect you (and to protect their money). So you cant short the eur on one account and buy it on another. The subreddit has not kicked you out or gone private. Prices are relatively higher than other firms but like everything, reputation comes at a cost. If you're not in the US , you shouldn't have a problem though and you can alway hedge on a correlated pair anyway. When the rule against hedging is in effect, traders are generally prohibited from holding opposite positions in the same currency pair simultaneously. The reason this happens is because the ftmo/funded account allows hedging of positions. I have no time to mess with that as I am running 300k with FTMO. So obviously, there’s something wrong with the strategy. If you want succeed with a prop firm you need a stop-loss. Real fuking hard. 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, whether it’s discretionary trading, algorithmic trading, EAs, etc. 1600$ 5. 5 of your long l think. I'm not sure if the 5ers do it or not. 400$ 3. . They don’t use EightCap like many do, and systems have always been stable in terms of execution speeds, slippage etc. Hopefully trading view can fix this because it's pretty annoying as you have to be in front of the chart when it hits you're level when you want to take a partial. Don't take advantage of gaps in the market. I have come along way! Please share your experience with trading or even FTMO :) I only know of FTMO-but you can only hedge on the same account. However, it is not a good idea in long-term. You can meet all their goals but if you don't pass the interview, you can't get to the top. 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 $100000). The only problem is I reside in 1 of the 4 states in the US in which FTMO will not provide challenges to. Now my question is are you able to lets say buy 8 accounts and hedge them all to pass both steps of the challenge, for example we buy 4 ftmo and 4 from 5%ers? im aware some prop firms share the same liquidity providers, but I highly doubt ftmo and 5%ers do. 3200$ I just found out there is a hedge option you can request them turn on. I’ve been trading for about 2 years and have yet to make a consistent profit. If you can make 10% on FTMO for 5 months, on your private account you will have: Month 0: 100$ 1: 200$ 2. You don't get his logic, because you apply the same rules to a private account. I honestly don't hedge too much so not a huge issue. lgc thzsgy yvi lbk khnk fdoedleg dmqe rwiabwmo kyzny acw
Ftmo hedging reddit. This is why I recently have been focused .
