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Why Do So Many People Fail Prop Firm Challenges?
in
Galvenais
17 stundas atpakaļ
I am not telling anything about your trading. Possibly you trade really good. I also have my own DD protector set to 4.5%. You didn't get my overall point. This lucky FTMO passing were basically World Record performance, consider laverage (1:30), time (2h), drawdown (-0.1%) and Profit (+5%). Possibly in future someone will make it with 1 trade, less time and even better drawdown performance (maybe commision only). Answer for your thread question: Possibly the reason why most fail in prop firms, they use fast risky way to get the account and also no DD protection - patience and safe trading...
Why Do So Many People Fail Prop Firm Challenges?
in
Galvenais
21 stundas atpakaļ
I figured out about FTMO, you can do it 2 ways, long hard way that is safe and takes 3-4 months or fast risky way (max 2-5 days).Those 2 trades with XAUUSD were made in the same morning with no news.Possibly there is also a bit luck involved, but result is really nice! Usually -0.5% up to -2% drawdown is ok with this risky strategy.Idea were if there is no trading room (1:30), how fast I can pass the challenge with lowest drawdown (passed with 2 hours: +506). Is this strategy repeatable: possibly not and better stick with long and safe trading with FTMO.
Why Do So Many People Fail Prop Firm Challenges?
in
Galvenais
Oct 29 at 10:36
Can you beat this with 1:30 swing account? Drawdown: -0.1% (-14.56) vs Profit: +5% (506.70)
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