My FTMO journey: trials, trials and maybe more anytime

[IlIlIlIlI]

Day 3:
One session, planned for 10-15 minutes with a profit target of $100.
Failed.

So I extended the session with a profit target of $ 400 and closing all positions latest some minutes after the order books open for the U.S. session (1 hour before markets are opening).
Worked.

 

[IlIlIlIlI]

Day 4:

One session, profit target of $400.
Additional idea: if the first position is closed on the profit target, close the others manually.

 

[IlIlIlIlI]

Day 5:

One session, profit target of $400.
additional condition today: Close all open positions when profit target is reached.

US100 position was reentered when the first one was closed on its trailing stop.

 

[IlIlIlIlI]

Done again:

 

[IlIlIlIlI]

Next round

This time I try to make less trades with higher volume.
That makes it easier to control the daily loss limit, mostly my knockout in these trials.

I also wonder why I often made the objectives of the trial but mostly couldn't hold them for 10 days.

 

[IlIlIlIlI]

Lost it today in the morning, this time violating the max loss limit of FTMO today, but not the overall DD of MFF for the 100k account, after two bad days.
Reason: bad timing, with some trades the sl limits too narrow for the market moves (and trade size too high).

No the challenge is to make 8k as MFF expects in the first evaluation round.
With MFF, I would still be in the game.


Trade list is for the last 3 days.

 

[IlIlIlIlI]

Day 5: 4 trades where two were closed on the trailing stop, one on its take profit.
The third trade was closed manually to avoid any risk of violating the daily loss limit by its trade size.

 

[IlIlIlIlI]

Yesterday one trade was kept overnight.
Here are the results of day 6 and the morning trades of day 7:

 

[IlIlIlIlI]

Adding last yesterday's trades, I didn't trade today until now.

The FTMO profit target for the trial is hit, for the challenge it is 10k at FTMO and 8k at MFF in one month.
Unfortunately MFF does not offer a demo, so the behaviour of their broker must be guessed.

 

[IlIlIlIlI]

Day 8: I'm very pleased with the result.
The last WS30 trade was closed after 130 seconds and as I decided to end the trading session and sold the GER40 position.
Now I'm close to the profit target of MFF (8k).

 

[IlIlIlIlI]

Failed the daily loss limit on Thursday (Day 9) with unattended trades and ignoring that there was a closed loss traded taken into account on that day.
The account was closed with more than 50% of the required MFF profit.
But it was useless.

Next training round will follow.

 

[IlIlIlIlI]

Next free trial, day 1: two trades.

 

[IlIlIlIlI]

Day 2 (yesterday), two trades:

 

[IlIlIlIlI]

Day 3, 2 trades. Timing was not good.

 

[IlIlIlIlI]

Day 4, 2 trades.

 

[IlIlIlIlI]

Day 5, 2 trades.

 

[IlIlIlIlI]

Day 6, 2 trades.
All objectives of the trial were achieved.

 

[IlIlIlIlI]

Day 7, 2 trades. Not the best timing.

 

[IlIlIlIlI]

Day 8, 2 trades:

 

[IlIlIlIlI]

Day 9, 5 trades. Bad day, but no violations.
Day 10, 4 trades. I hit the profit target for the MFF evaluation within 10 trading days at the end of this trial.