- Search Metals Mine
- pipmaster77 replied Jan 11, 2021
So, just to be clear... Are you stating you received your new login (which makes sense as it is after every challenge, verification, profit split), you received payment for your refunded challenge fee(s), but you DID NOT receive the 70% of the ...
FTMO - For serious traders
- pipmaster77 replied Jan 11, 2021
I'm in my second week with 5%ers, been with FTMO since June (funded in September). This is just a wild guess.....but I bet the success rate is that of any other prop firm which is the same as anyone trading their own personal account. If you ...
The5ers - Trading & Growth Program
- pipmaster77 replied Jan 10, 2021
It's amazing how threads "derail" from what is relevant. Always 2-3 people taking up 3 pages arguing about nothing relevant to the thread. You came on here simply to tell the 5%ers you couldn't use them. What was the point? I don't understand, so ...
The5ers - Trading & Growth Program
- pipmaster77 replied Jan 10, 2021
It's all a matter of percentages. If you typically allow your personal account to go into 20% drawdown, you trade 1/5 the size, 8%, half the size. Yes, you'll make less profit, however, you are probably not trading a 1.28 million dollar account. If ...
The5ers - Trading & Growth Program
- pipmaster77 replied Jan 10, 2021
lol. So what was the point of your original post and entire interaction with 5%ers? I am a swing trader as well, with both FTMO and 5%ers. Just a matter of adjusting position size. 5%ers can hold over weekend, FTMO no. So you close and reopen Sunday ...
The5ers - Trading & Growth Program
- pipmaster77 replied Jan 7, 2021
That actually is a very valid point. Not just this thread, but everywhere you go it's more about how you CANNOT be successful at trading. Of course, always posted by those who can't, so no one else should. To take it a step further, it may even be ...
FTMO - For serious traders
- pipmaster77 replied Jan 7, 2021
They do not work in the US. There is no insurance/protection or compensation scheme if something happens to the broker. Mater of fact, the NFA/CFTC actually PROHIBITS this being offered to US customers. This is why I do not understand, if people ...
OANDA Discussion
- pipmaster77 replied Jan 7, 2021
lol. I 100% believe in FTMO, been with them since June 1 when I did my first challenges. Earned a funded account in September. However, these cheesy posts by brand new members of FF make them look ridiculous.
FTMO - For serious traders
- pipmaster77 replied Jan 6, 2021
I still do not understand how my brokers in Dominica, Belize, the Marshall Islands, etc. can get me my money in 45 minutes, but big, bad "regulated" Oanda takes weeks. Does everyone understand yet that the NFA/CFTC ONLY HAVE THEIR OWN INTERESTS in ...
OANDA Discussion
- pipmaster77 replied Jan 5, 2021
Lost my first two challenges (simultaneous) this way. Made like 4k on the day, closed 10K in gains, left 6K in losses open. Was on vacation and didn't pay attention to the daily reset. In your case, although hedged, you carried a floating loss to ...
FTMO - For serious traders
- pipmaster77 replied Jan 5, 2021
This is exactly the rule. I have never had an issue with matrix in funded, verification or challenge. It usually updates within 90 seconds for me. Keep in mind, the FTMO "day" resets at 6 pm eastern, not sure if this has anything to do with anyone's ...
FTMO - For serious traders
- pipmaster77 replied Dec 30, 2020
Just throwing this out there, as I violated my first challenge due to this.....I was up significantly for the day, I closed my winners and left my floating losses open(still way up for the day). When the FTMO day reset, those floating losses ...
FTMO - For serious traders
- pipmaster77 replied Dec 18, 2020
Or.......pass 3 challenges, keep scaling with the 5%ers and have 2 more firms as I have discussed with both of you.



FTMO - For serious traders
- pipmaster77 replied Dec 15, 2020
Not really sure why this is so hard to grasp. Whether trading prop firm, real account, 1:6 leverage, 1:1000 leverage, YOU MUST HAVE A LOSS LIMIT. In my FTMO account I am offered 100:1 leverage, I risk 5% of my available drawdown limit, which is .5% ...
The5ers - Trading & Growth Program
- pipmaster77 replied Dec 14, 2020
This math is indisputable. Please Out There, you are the one with the smoke and mirrors.
The5ers - Trading & Growth Program
- pipmaster77 replied Dec 14, 2020
Yes, he did this in the FTMO thread as well. It's literally why I took a break from posting. I cannot have a logical debate with someone who JUST DOESN'T GET IT. When you're talking about drawdown, I know you may not believe this, but it exists in ...
The5ers - Trading & Growth Program
- pipmaster77 replied Dec 14, 2020
Agree here Koop. According to my math, due to the lower drawdown allowed on 5%ers, 4% vs 10%, we could assume you will only make 40% of the profit as you would with FTMO as you will adjust position sizes to reflect that. So one could conceivably ...
The5ers - Trading & Growth Program
- pipmaster77 replied Dec 14, 2020
Strange, one of my accounts is in verification as well. Not experiencing this issue. I am more of a swing trader though, so in all honesty, I simply may not be watching close enough.
FTMO - For serious traders
- pipmaster77 replied Dec 12, 2020
Yes, but he is asking if it is independent of withdrawals. Some prop firms will only increase you if you leave the 10% in and only withdraw the excess of 10%. I am 99% certain FTMO scaling plan is independent of withdrawals, but I also cannot find ...
FTMO - For serious traders