- Search Metals Mine
- pipmaster77 replied Sep 28, 2020
Yes, max daily loss is quite simple. It is 5% of your starting capital ALWAYS. If you make 100% your 1st month and are sitting at 200K, your max loss is 110K, but daily loss is still 5K. When they scale you, they are, in essence, increasing your ...
FTMO - For serious traders
- pipmaster77 replied Sep 27, 2020
Yes, the CHF is worthless to trade. Whatever trade you want to trade in CHF, simply trade the EUR cross, example if you want to buy USDCHF, simply sell EURUSD, buy GBPCHF, sell EURGBP. Since EURCHF barely moves it's the same trade essentially, but ...
OANDA Discussion
- pipmaster77 replied Sep 27, 2020
Right click the instrument in market watch and select properties. It will provide the times the market is open to trade.
FTMO - For serious traders
- pipmaster77 replied Sep 26, 2020
Yes and while going through the "no time limit", they are hitting you with a monthly fee until you pass. Trust me, I've been in the game awhile, there is no comparison here.
FTMO - For serious traders
- pipmaster77 replied Sep 25, 2020
Mine seems to update almost in real time. It did in challenge and verification as well. I did have one issue in verification where a couple of winning trades were missing from the journal and the graph, but the objectives displayed correctly. I ...
FTMO - For serious traders
- pipmaster77 replied Sep 25, 2020
I know, it almost seems the underlying reason of these posts is to promote another prop firm. Come in here and bash FTMO and drop the name of the one you're promoting. Quite comical actually.
FTMO - For serious traders
- pipmaster77 replied Sep 25, 2020
I agree 100%. Psychology is so important. I'm even thinking going lower than .5% as I usually add to the winners anyway. I find I am so relaxed when I can walk away and leave trade running. When I trade bigger sizes, I'm freaking glued to the ...
FTMO - For serious traders
- pipmaster77 replied Sep 24, 2020
Yes, I was shorting GBPJPY at 134.55, came back up and it was 30 pips lower.
FTMO - For serious traders
- pipmaster77 replied Sep 24, 2020
You can trade the indices, not individual stocks.
FTMO - For serious traders
- pipmaster77 replied Sep 24, 2020
First issue I've ever encountered throughout all stages. Sent them a message.
FTMO - For serious traders
- pipmaster77 replied Sep 24, 2020
Anyone getting "common error" when trying to place a trade. Happening on both computer and mobile app.
FTMO - For serious traders
- pipmaster77 replied Sep 24, 2020
That's what I was thinking yesterday while taking a beating, "You did the stressful part of challenge and verification, now you going to blow the account in 1 day". There is no longer a time frame, just live to fight another day, obey the risk ...
FTMO - For serious traders
- pipmaster77 replied Sep 24, 2020
I agree 100%. The daily loss restriction has made me a better trader. Forces you to not go on tilt. I am funded now, first day yesterday got hammered lol. Once funded, there is no profit target, so you can reduce risk, which of course is way less ...
FTMO - For serious traders
- pipmaster77 replied Sep 24, 2020
Well, according to this guy, you just must not know how to trade lol. I'm sure the"good" traders with Oanda didn't have this problem today. Sorry, couldn't resist.
OANDA Discussion
- pipmaster77 replied Sep 23, 2020
There isn't a minimum. You simply cannot EVER go below 90% of original funded amount or lose 5% in one day. If you can generate 10% profit over 4 months (with 2 months being net positive) they will scale you 25% every 4 months.
FTMO - For serious traders
- pipmaster77 replied Sep 22, 2020
Now that was my last post here. I will resist the temptation. Enjoy giving a good chuck of your profits unnecessarily back to your broker.
OANDA Discussion
- pipmaster77 replied Sep 22, 2020
lol, that is the biggest joke I've seen in awhile saying I don't know how to trade. I said I wouldn't post here any longer, but couldn't resist. I have been a VERY profitable trader for 10+ years. If you do not believe what I say about Oanda, it's ...
OANDA Discussion
- pipmaster77 replied Sep 22, 2020
Actually, I'm going to stay out of this thread. If you guys think these are the best conditions available, that's great. I'm just saying the US brokers think they have you by the balls and treat you as such. They feel they can do whatever they want ...
OANDA Discussion
- pipmaster77 replied Sep 22, 2020
When you say get more, what exactly are you "getting". Once again, you're situation is different, you are with Oanda Canada and although everything else still sucks atleast your funds are protected. In the US, you get all the horrible conditions ...
OANDA Discussion
- pipmaster77 replied Sep 22, 2020
Just do some research. I don't recommend anyone. I'm only saying there are way better conditions than what are offered by what I consider horrible choices in the US.
OANDA Discussion