Unsuccessful FTMO Challenges - Don't do these mistakes! | FTMO

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Some time ago, we published a video about unsuccessful FTMO Challenges, and surprisingly, it scored great feedback. Although we don't want to promote bad trading habits, there are quite a few things you can learn about proper risk management and trading psychology by looking at these failed FTMO Challenges.
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All information provided on this channel is intended solely for the study 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. The content, in its entirety or parts, is the sole opinion of FTMO and is intended for educational purposes only. The historical results and/or track record does not imply that the same progress is replicable and does not guarantee profits or future profitable trading records or any promises whatsoever. Trading in financial markets is a high-risk activity and it is advised not to risk more than one can afford to lose!

[@thetradersring3157]

I've noticed that some traders can hold on to a losing trade, but at the same time, they can't hold a winning position. they take the profit as soon as possible. ( That's a natural human behavior). But that's the same reason that made me more attached to the psychological aspect in trading, and I think that there is a way to cut the losses and let the profit run just by using some simple trades management. Good luck to everybody. And thanks to FTMO traders now can test their ability and work harder to make it through.

[@frankietu]

That was exactly me before. I flipped it around and now I’m consistently profitable. My personal trick is to put stoploss at break even and let it run and not stare at the chart while trade is running. Hope that helps fellow traders

[@rolandouedraogo2929]

How did you manage to shift your psychology about that ? Help would be appreciated.

[@thetradersring3157]

@@rolandouedraogo2929 One of the best writers that really helped was Mark Douglas you can find his book - trading in the zone- for free on the internet. another trick is to do your analysis set your entry then your stop loss and take profit, leave for a good amount of time, and return after to check your positions but don't change anything just manage your trades move your stop to break even. otherwise, a losing trade is losing trade whether you stay there or leave because you will not change the market direction by setting there if you see that the trade is going directly to your stop cut your losses. Good luck!

[@rolandouedraogo2929]

@@thetradersring3157 thanks

[@kingboji958]

@@rolandouedraogo2929 Come up with your profitable strategy and set of rules. Always follow those rules no matter what. Once you have a big win, you will want to break those rules. BUT DON'T. TRUST ME ON THIS.

[@greatmindforex]

I pass my Second one account today , hoping to pass more , ftmo for life

[@TGravee]

Congratulations

[@valeriemashoko808]

Congratulations

[@aakash5575]

Congrats dude

[@blacklion6982]

Congratulations

[@jacksonmojela6770]

Congratulations

[@Ryndel]

Risk management is and psychology is 80% of the battle

[@saulruiz9467]

it just shows that risk management is a key factor to trading. why rush it when you have 30 days. when you can find many set ups targeting 1:6-1:10 RR even then you can risk .5% per trade and still hit the objective

[@ar4344]

BINGO! my strategy exactly

[@atykhonov]

but.. how to find such set ups? What is a key factor for this?

[@alejandrorivas5469]

@@atykhonov HTF structure, LTF entry

[@remmy100]

Wouldn't it technically be 20 trading days?

[@alejandrorivas5469]

@@remmy100 30 calendar days to find the setups for the challenge (fase 1)

[@ShysteCapone]

9:00 guy yoloed in a challenge LMAO I thought my challenge was bad 🤣

[@Vin_G]

I think his chart is upside down. LOL

[@hermansteven9031]

HAHAHAH

[@AdrianRodriguez-ko3ic]

That guy thought he was from wallstreetbets LMAO

[@wiz987]

That must be a youtuber who took the challenge to the extreme, if he would have won the trade I can see it now the title of the video would have been “How to beat FTMO in 1 day!!!”

[@deesylva4161]

yooo i've been cracking up for like 10 mins straight. Can you imagine him saying, F this shit, I already lost. YOLO lmaooo

[@waltercrane9863]

People need to do the demo first, pass the demo. Get used to the risk management of FTMO. It's taken me to the next level! I am saved big losses. Right now, I'm half way to passing the 100k challenge. I've already passed the demo. The FTMO risk management is what's made the difference to my success. I wouldn't have been comfortable with that unless I had already finished the demo. I did TWO demos in order to get used to it. The first one looks like these ones in the video (not as bad, but, still)..

[@IronMike-gz8np]

Are you on the way to 100k in demo or real trades?

[@andrewmuchtar9286]

This is an important information. I will take the FTMO Challenge when I am ready. I will start with the smallest deposit first, then develop gradually. I am not about to get rich quick but to have a consistent profit making trade without violating the max loss set by FTMO. Thank you friends at FTMO. Keep up the good work.

[@Eric-jk3oi]

I laughed so hard Good thing I was on the toilet I RIPPED ASS so hard the backsplash of that water was insane and never felt something so crazy my life.

[@Die.Gruenen.sind.unser.Ende.]

Those guys think that ftmo is a casino lol

[@dpiammusic8727]

lol

[@charleskuvare5955]

Lol, very true. Trading ain't gambling

[@HOESWAY99]

@N G you haven’t heard of ICT or offshore then 😅

[@wanashthegash]

@@charleskuvare5955 it is to an extent, you are trading probability, the same as a guy betting in poker does the same, an average poker player might not, but the professional most definitely thinks in probability, the probably chance of winning in just a lot lower in the casino and its harder to manage your risk there.

[@charleskuvare5955]

@@wanashthegash well said

[@blueseal2156]

Excellent video. We definitely need more of these. Many of the losses were clearly due to revenge trading or being impatient.

[@satori9105]

Literally why I failed! Revenge trading killled me. I’m learning slowly but surely

[@billysquad488]

@@satori9105 Same It's hard when you are in profit then you loose that's when revenge happens and you don't realize it until the damage happens

[@ZROTOHERO]

i recomend try the free trial to see how you do then try the challenge , dont risk all your capital at once

[@soundinducedflow]

Brilliant v helpful. Would be good if (1) the platform retained the stats like RRR, winrate etc not only up until current day but shows it for Day 1, 2, 3 etc (2) we could see a breakdown of profitability by trade duration, similar to how we can see it by time of entry

[@80amnesia]

Seeing the unsuccessful challenges is quite important too, please more videos on the matter. Thanks

[@mattman810]

cant wait for one of my challenges to make it on these videos, im 1 week away from blowing my 5th attempt, didnt realise how much pressure the time limit adds.

[@amilcargarcia9166]

Thank you for this video as well as the opportunity!

[@BlizEntertainment11]

I just passed the challenge with: 65% win rate, 1.62 RR, every trade day was ended with profit. and a very nice Line from 0 to 8000 euro profit! I am super amazed to do the verification. BUT We will hold our strategy and keep the trades fine. I immeadiatly get rid of losers. And I don't try to take big profits at once. If I can make 300-1000 with a trade I AM SUPER HAPPY that is like 20% if what you earn with working in a month.

[@nelliek3172]

Having just failed my first FTMO challenge, at least it helps to see I am not alone😅. I will try again after tweaking my strategy

[@LukaszAdams]

From this what i see two points what make all this traders lose : 1) no stop loss no take profit 2) max dayli loss no money menagment Btw if you use mt4 search for position size calculator helpful tool. Nice video mayby traders who try pass chalange for ftmo lear somthing from this.

[@mohmedfasil3449]

waiting for next video on successful and unsuccessful challenges....this tells a lot

[@tradeup4776]

I have done equally bad things on my failed challenges, but got funded in the end.

[@northernmarketingclub7102]

how are you doing know with your trading? biggest win? if you dont mind sharing

[@kingboji958]

Yes hi are you making banks yet?

[@tradeup4776]

@@kingboji958 yes, banked my first profit from FTMO and on my way to the second

[@kingboji958]

@@tradeup4776 how much bro? Give me motivation.

[@tradeup4776]

@@kingboji958 was not massive, my main ambition was to get through the first month in profit and get my challenge refunded. I made 3% overall on the account, which made sure I continued with. the account and can grow better each month

[@deadfox03]

I put a few hundred in my own live account to test, and I'm also taking a demo account challenge to test my strategy. Once I pass my challenge and make some money on my personal account, I will take the live FTMO challenge. Some of those lot sizes are crazy, I usually only risk between 2 and 5%

[@pauldomino]

Really useful video and very well explained, thanks!

[@ForeignExchangeTrader]

Finally, I have passed the evolation stage successfully in 12 trading days. 💛

[@nayrfrx465]

Congrats Same here but I need to wait for 8 days since day 2 I already achieve the profit target :) God bless to us in Verification Stage ❤️

[@ForeignExchangeTrader]

@@nayrfrx465 thats awesome. What lots size do you usually trade?

[@nayrfrx465]

@@ForeignExchangeTrader although I follow stop tight loss. I trade 5%-10 of the tradeable or 500-1000 usd (this range)depends on the set up. With stop tight loss of 5-10 pips

[@imadotmani1462]

Amazing video honestly. One of the best on this channel

[@mrdinshaw]

Patience and consistency is very helpful in being profitable. Sticking to the strategy is very important to successful trades. Master a pair.

[@IronMike-gz8np]

Exactly. And setting realistic profit take is also very helpful

[@TR_binarytradermada]

I will never understand why people don't use SL; it's like one of the MANY most important thing in day-trading. Shtoooopid!!! I was able to bring a $17 account to almost $400 in little less than 3 days; then a $100 account to about $400 in 3 days. Those lot sizes aren't a joke, I used to buy 0.1 lmao for the $17 account, then max I used was 0.40 so imagine if I used 1.00 using a $100k account? I mainly trade big breakouts, not consolidations too risky, not enough to make a good decision. I think most of these losses are from gamblers based on this video and not actual traders with proper psychology, analysis etc... I have patience and so I will be doing the FTMO very soon.

[@markspalding8682]

Very well explained and absolute added value ;-)

[@emmanuelkongnyuy773]

Am very happy with this opportunity God bless FTMO. but am having hard time taking a challenge due to means of deposit. I will be more happy if FTMO add crypto as means of payment to facilitate things for us here in Africa

[@Martytw1]

risk management is KEY

[@aislatermshippingandcommerce]

Thats a good result!!, This person have been changing every habits in his life during the Challenge. I think every people can try to obtain a very good result with his capital. I dont know if everything may be under controll, but certainly each person over the world must have a Personal Trading Account. I even dont know if all the world will do this on the future, but now is a new System where everybody can give an input of his own influence to the market.

[@anushkeperera]

Hello Simon you guys have any clip explaining difference between Risk Normal and Aggressive ?

[@FinancialTipss]

great insight as i'm about to start mine first time challenge

[@gomesdiogo]

14:34 this is key guys, pay attention trade safely and you can always do your test again

[@SharksTradingAcademy]

Mostly accounts created from start of Jan 2021, not easy for sure due to rough market conditions, but they were too impatient.

[@HaerinKitty-1]

Loss 92k from 100k in one day😂😂😂 that's a Gamblers Mentality

[@sd3116]

I went from 20 to 19k then back to 20 then 18k then stopped

[@ThrowinBombs80]

@Anthony's Matthew the sheer fact that you even lost that much is gambling is what shes saying. No good trader would ever risk that much to begin with.

[@ThrowinBombs80]

@Anthony's Matthew yes I trade full time as my job. An investment plan doesn't deter the fact that you'd be blowing risk in a marginal situation where reward has to be matched. And people who do this never last and it's part of the reason long term traders like me and my group get such a bad rap. Rarely can people do this properly and consistently. That's why your method regardless of "investment plan" (which is bullshit) would lose her challenge instantly. People who trade like that don't last long in this industry.

[@benlek7884]

people nowaday always treat forex as a gambling.

[@GameDevAraz]

He didn't even try to make trades, straight to risking it all 😆

[@jasongagnon4989]

Awesome need to know video. Getting geeked.

[@umair146]

Very Helpful. Thank you very much

[@aaqibawan3733]

some people think that trading its a get rich quick scheme, but in reality there is a lot of hard work behind it, very soon i will do this challange and i think specially in this challange the risk shoud the 0.5% or 1% for each trade the rest its psychology and tested strategy

[@RhodnnieTV]

learning something here. always chat the chat support if you don't understand something. they are helpful and knowledgeable. i am in my 32% progress for my ftmo challenge target profit. my risk is 1% per trade.14 trades with. 85.71% winrate.

[@RhodnnieTV]

its my 3rd free repeat.

[@Shad0w_Banned]

Thank You Kind Sir , Excellent video thorough explanation

[@Jacob_S13]

Hello, I have a major issue (a couple rly) on one of my challenges. I violated the conditions only because of the HUGE rollover spread on a major/cross pair, no exotics, indexes etc. I'm talking about an 80 pip spike for 5 seconds... Hit sl, slipped a bit, and ofc went my way... I've checked the spike on my other broker acc, it wasn't as big... I'm convinced the least you can do is give me another chance/revert my account to before that. My logic is: 1. Swing traders would constantly get screwed if that is something considered normal. 2. On your website you tell traders to refrain from trading news and show in example a 20+ pip candle - restricted news release, yet you allow to keep positions overnight and I get a 80 pip spike out of nowhere? The thing is I specifically waited to reopen my trade after rollover just to avoid this issue. What is more, my account metrix was pretty much bugged from the start - balance curve showed wrong numbers like minus 11k during the challenge. I hope you can fix this, because overall it is a nice experience. Hoping for a swift response. Thank you

[@FTMOcom]

Hi Jakub Sierant, Please, contact our FTMO Support Team, they will kindly help you resolve this issue. Here: [e-mail] Thank you for your question, and feel free to ask anything else. Best regards

[@hoseinsoleimani3009]

Thanks for this helpful video, but I think you mistakenly said the challenge is 30 trading days while it is 30 calendar days and in fact like 20-22 trading days.

[@webventures]

There is trading of LTC and BTC on weekends.

[@komepips]

Many forex traders fail because they lack risk management. I passed a 100k challenge in just 8 days with good risk management put in place.

[@niqeltravels]

Do u still hold the account?

[@abkuiling]

I love this type of video. They're crazy

[@mahramm]

Wow, great video and very informative. So my question, is not using a stop-loss an issue? I barely use stop-loss because I don't leave my trade open for a long time, I closely watch my trades and exit the trade manually, in profit or loss, because I think having stop-loss sometimes closes the trade just with a brief touch and in the middle of candle time frame, but you would see that the candle closes the opposite side of that, And in some cases the next candle turns back in trader's favor.

[@msblair0928]

You have to use a SL with this challenge or you won't pass.

[@sidneya.4330]

Very informative 👊🏾👌🏾👍🏾

[@laureanoralon3880]

Thank you for this. Any chance we can get some kind of feedback from you once we complete and free trial?

[@turguymuharrem1651]

I was wondering the same as trading in high volume and of course; this results in high risk!! Then distance to stop losses surely this is the reason why most traders shown in the video decide not to use stop loss??

[@jamaicaguru5810]

This video was very insightful

[@shortscene6707]

I am on my ftmo challenge , 5 days gone and I am just 1% up. But I learned something from this video.. Not violating, daily loss and max daily .. can give you chance to try for challenge again..

[@eugenemyburgh7749]

Im at day 9 with only 1% profit but risking only 0.1% and wil now start to bump it up next week as i wil not allow this 2nd challenge to go negative. So many of these were in profit and as time came to and end their patience ran out. Rather than just start it over with a full duration

[@donb2527]

@Learn to Earn only 1 way to find out. I’ve done a fair bit of backtesting on my strategy (150 trades 67-80% win ratio) and I’m going to try out FTMO with 25000 account. I was thinking about making a video about it if I succeed because I’m genuinely interested and I think so are many others.

[@niqeltravels]

Did you ended up passing?

[@niqeltravels]

@@eugenemyburgh7749 did u pass?

[@D818FX]

But guys there are people who can help you perform better and even beat the challenge, why would just spoil this opportunity 🤦🏾‍♂️🤦🏾‍♂️

[@Bhudda1]

this Video encurages me more , now seeing some traders examples i taught I was bad lol

[@SerG-ez2po]

at 10:19 when he said ''this trader traded for 2 trading days'' that face though...I almost spilled my coffee

[@ictryan5515]

LMAOOOOII

[@godwillpatrick6657]

I may be wrong on this so i ask you to correct me, Risk management is only important after you have a strategy that is profitable in the long run. If you have a wrong strategy and you apply "good" risk management on it, it then only allows you to lose all your money slowly but not fast this time.I hope you that is reading this understands.

[@MrSeraphcorp]

Great video! 👍

[@money_5802]

Hello! Where can I find the margin/leverage amounts for each account size? Thank you.

[@FTMOcom]

Hi MoneyJucie_, The FTMO Solution uses 1:100 leverage. If you open a position with 1 lot in the forex market, you have to divide 100 000 by 100. Therefore the margin would be 1000. Thank you for your question, and feel free to ask anything else. Best regards

[@jamesblackburn8641]

Are stop losses required? I can tell you I have never put sl, or tp into the market.

[@TheInsaneCloud]

Passed the challenge and failed verification the other day 😞 I feel terrible

[@walisiam8927]

MY MAN IS HERE

[@jantarai362]

I am watching All videos before joining FTMO

[@IDONTPARTYMUCH]

Can you get profits also in the first stage of the verification if you exceed the profit target?

[@arthureduave9403]

I failed my challenge stage today, lesson learned don't be fooled by your own false hope that the market will work for you if you disregard the advance signal of reversal candlestick pattern.

[@money_5802]

Hello again! Can you tell me what the leverage is specically for Stocks/CFD? Is it 10x or 20x? I keep getting different information on this. I understand stock leverage is different than Forex leverage. Thanks. 👍

[@FTMOcom]

Hi MoneyJuice _, Leverage in FTMO is 1:100. Thank you for your question, and feel free to ask anything else. Best regards

[@radoslawszadkowski1498]

Did they fix the issues with their servers? Hows this running for you guys?

[@clementagbor7110]

Quick question please, is the free trial unlimited, if I don't break any of the rules and manage to stay profitable ? or a one time thing ?

[@gamezee2907]

Hi, I have a doubt , after completing all the verification when we are trading in real fund, daily limit loss is 500 dollar right. After 1 month of profit in real account if I don't withdraw , will my daily limit loss will increase or it remains 500dollar ?

[@bmbante6161]

This is really helpful to learn from there mistake

[@ashrammaharaj9721]

What's the minimum profit I need to have to get a free retake?

[@nasiruddin7281]

Some of these curves are so nicely descending makes you think they just need to swap their TPs and Sls around

[@twister6667]

WTF 🤣🤣🤣🤦🏽‍♂️

[@yungdoji5235]

if i exceed my losses but my trade isn’t closed yet just a pullback, will it change and say passing?

[@elongatedmusket5630]

Came for the info, stayed for the beard 🧔🏻

[@ahmadtamim1000]

Looks like Downtrend, sell on the pullback :D

[@eberhard1991]

Oops, I thought my situation is worse until I watched this video.

[@shinedeva9553]

What is the ideal lot size for $100k FTMO challenge..??

[@kalvin8307]

Thanks 🙏🏽

[@ChardPerezEncontadFarming4821]

After passing phase 1&2 challanges,, how about verification

[@MomodouSanneh]

Thank you ❤

[@azizivan2909]

I 'm eligible for trying again my defi for free but i dont receive my acces during this April month after 25 days .. Is it a maintenance ?

[@xondeez757]

best strategy is letting the trades hit TP and SL by itself. that way you rely only on your strategy and analysis. if you're not profitable then you're not ready yet.

[@onwuekweuchennastanley9125]

You are correct

[@Karimajannat-go6kv]

would i ask, my 1 account demo passed,can i challenge Real account? & this account also getting passed

[@eenpaard3915]

i have passed 5 trials

[@MuhammadYousafjakhar]

thanks...

[@wanashthegash]

101 trades in 21 days is quite a lot, they put on excessive positions and also does many of them.

[@Thegunninpolo]

I’m doing the challenge I haven’t exceeded my max daily loss is it supposed to restart an show 0 dollars after each day in the system

[@coinCharmx]

my first day of ftmo demo trade 100k trade just btc im in $600 in two hours hope will pass dont have exp on forex but crypto have a bit

[@viannmatos4623]

I los my challenge do to one dollar over the limit, in this cases am i not able to get something like a free try o something else?

[@momoney4171]

So what if you pass everything expect the 10 minimum trading days would I still pass or fail

[@JasperB99]

Just open 0.01 lot and close in 2 minutes

[@cadeem88]

@ 8:45 😭😭🤣😂 Yoo that's ridiculous!

[@8dholland]

Eh, I did the same thing when I was new.... Made sense at the time.

[@Axelrun1994]

I think youd be left scratching your head if you checked my last challenge. €50k account. 5 trading days. 2.8k profits 100% win rate, 9 trades, 22 total lots, always had stop losses in place... Didn't pass because my equity went down too much in one day 😂 definitely not ideal for me but I guess it's fair Edit: do you think that could also be a valid metric for a free repeat of the challenge in the future?

[@jessmaan9722]

The volume doesnt matter , You risk 1% With a 20 LOt with 5 pips stop loss for exemple

[@Sad.YTbruh]

Good luck

[@jessmaan9722]

@@Sad.YTbruh no need luck when you have the skills

[@Sad.YTbruh]

@@jessmaan9722 GO GO GO!!!!

[@siomokof3425]

Did the second trader get a free repeat?

[@077pradeep]

I passed my demo in 1 trade in just 20 mins buy using simple price action, my daily Loss and allover loss was 2500. Actually I have to trade for 4 more days then I will pass.

[@adilnazirahmad5116]

Hey How are you Hope this msg finds you well. Can we use layer entry in FTMO account.

[@effiongetim698]

good lesson

[@sardarparacha]

i passed many ftmo challenges for me and my friends.

[@shirazh]

I got a question if a trade is in draw down is that still considered as a loss?

[@millanani]

Draw down is counted towards your daily loss

[@shady965]

these people need to start with understanding lot size.

[@lombardo141]

So your company only trades Forex ? No futures ?

[@RobStarglobal]

😂😂😂 OMG... This video is hilarious and very entertaining...

[@dja1000s]

If you're high maybe

[@jacktheripper5661]

@@dja1000s it is hilarious bro. I’m guessing your one of the failures on this video😂 these traders were clearly gambling and not taking this seriously

[@harryokonkwo3419]

Exactly

[@ubobu3613]

And the first one was definitely a martingale ea user 🤣

[@HowAreYALLFEELING]

Can trades run through the weekend during challenge?

[@forexgurukul4797]

NO

[@negosyok]

14:50 what is the maximum of free repeat of the challenge?

[@FTMOcom]

Hi negosyok, There is no maximum amount for the free repeats of FTMO Challenge. You just have to meet the Trading Objectives for having the free repeat. Thank you for your question and feel free to ask anything else. Best regards