Say Hello to our new FTMO Traders

We bring you Interviews with our freshly funded FTMO Traders. What was their evaluation process like? Let’s find out!

 

Trader Jaykin getting FTMO Account after an outstanding result on his Verification!

Where have you learnt about FTMO?

I 1st heard of FTMO from several prospects that wanted to know if I had heard of FTMO. At the time I was a bit sceptical & warned to be careful & to keep me posted on any new information. Finally, a few friends got funded accounts & it motivated me to jump on board. Glad I did.

Describe your best trade.

My best trades occur in the London session when a major reversal is taking place & price pushes a false move at opening session creating an M or W formation and going into the New York session it winds up in a major breakout in my favour for a good 100-300 pips. Those are the best in my opinion.

What do you think is the most important characteristic/attribute to become a profitable trader?

In my opinion, after you’ve absorbed or mastered your trading skill, is to maintain discipline in your risk management no matter what. This will prevent major & unnecessary loses to the hard-earned gains acquired.

How would you rate your experience with FTMO?

From 1-10, 10 being the highest, so far it’s been a 10.

Do you have a trading plan in place, and do you follow it strictly?

Absolutely! I need to analyze & find the highest possible scenarios every week before market opening in order to know where to focus my efforts for that trading week. Not doing so is like jumping out of a plane without a parachute at night when it’s pitch dark.

What is the number one advice you would give to a new trader?

Failure is just an alarm that calls for adjustments. No one starts out perfectly & without mistakes. The thing to always remember is to always learn from those mistakes & discipline yourself into not allowing yourself to make them again. Practice makes perfect & repetition becomes 2nd nature.

 

How passing the FTMO Challenge changed Felix’s life?

 

Do you plan to take another FTMO Challenge to manage even bigger capital?

Yes, I do. Would love to take another Challenge and fuse the different accounts to one together.

How did you eliminate the factor of luck in your trading?

Always stick to your trading plan and use proper risk management. Its the key to success.

What was easier than expected during the Challenge or Verification?

I knew from the beginning on that I need to use bigger lot-sized because I’m trading my own style with not that many order but I choose them well. I was surprised I caught the targets that early. I’m impressed from the huge impact such an account gives a prober trader and im well concern about this “mighty” tool.

What was the most difficult during your Challenge or Verification and how did you overcome it?

The most difficult about the Challenge was to always keep in mind how much profit I still need and to stay at my trading plan, so I don’t execute too many orders just too much my profit expectations for the profit target. I just handled it with camping in front of charts and trusting in my trading plan.

How does passing the Challenge and Verification changed your life?

It actually changes my life in a better way because now I’m sure I can be a profitable trader with the correct account size to work on living with it and live my passion. Having enough time to spend the time in front of my charts and reading books for self-education. It also gives you the opportunity to work from everywhere and give your parents something back.

What is the number one advice you would give to a new trader?

Journal – Analyse – Optimize – Backtest – Repeat until you have a trading plan you’re confident with its also really important to find your own style to trade, don’t follow any gurus or signals. Get a mentor and always make sure you think about your enemy players, these are the really big players like banks, hedge funds and and and. Find yourself on the journey to success <3

 

Trader Carven puts emphasis on patience as a key attribute for new aspiring FTMO Traders

What was the most difficult during your Challenge or Verification and how did you overcome it?

The most difficult thing about the Challenge was having to achieve a profit target at a certain amount of time. In the beginning, my gains were too little and I had to increase my risk more than I am used to so that I can achieve the profit target on time.

How would you rate your experience with FTMO?

I grew exponentially from taking the Challenge, it gave me clarity as to how vital it is to have adequate capital when trading. And that you can be a profitable trader and the only missing piece you may have is enough capital to trade with.

How did Maximum loss limits affect your trading style?

It was great, I believe I had a lot of room to work with, going passed the loss limit was never a fear. It was actually the opposite, I feared not reaching the profit target in time.

Do you have a trading plan in place, and do you follow it strictly?

In general, I am in-between a swing and intra-day trader. I enter my trades mostly based on daily candle closes or certain 4-hour patterns and will add to my position within the initial trade based on confirmations on lower time frames through the day or week until the target is met or loss is taken.

What was easier than expected during the Challenge or Verification?

The easiest thing during the Challenge was how quickly I got used to dealing with bigger position sizes, for the first days I was timid, then maybe on the third day, it was natural.

What is the number one advice you would give to a new trader?

Number one advice I would give new traders is to have patience. The reason I say patience is because the number one advantage you have in this Challenge is the fact you can retake it if your profitable, so your first objective should be staying profitable so that worst-case scenario if you do not make it, you can try again, as many time as it takes, just stays profitable.

 

What was the most difficult part for Trader Damon?

What do you think is the key for long term success in trading?

Long term success in trading is a true understanding of your internal self, doing the work on your blocks and trusting your refined trade plan.

What was the most difficult during your Challenge or Verification and how did you overcome it?

To be honest the most difficult part during the process was having to consider the news and it exposes a risk of losing the account if a trade is executed or closed during that window. The strategy I use doesn’t take this into consideration while still maintaining a high amount of risk management.

What do you think is the most important characteristic/attribute to become a profitable trader?

I feel there truly isn’t one characteristic/attribute yet a combination of a few. If I was to start the list though right up the top would always be true risk management, sticking to your plan that’s been refined to cater to volatility and trending markets, committing to improving your mindset and personal growth and remaining humble through your losses/wins.

How did you manage your emotions when you were in a losing trade?

Being a professional in this field I stick to what I believe works! Consistent commitment to your chosen grounding/resetting/reflection practices. Relating the law of probabilities to a known metaphor/experience such as driving a car, building a home or another profession. Creating a healthy amount of distance from the charts and setting alerts. Checking that I am sticking to my management rules no matter what and know its ok to reach out for assistance!

How does your risk management plan look like?

It’s very strict with managed % per trade, strict criteria for entering a trade to scale in and strict management to follow the market as it progresses

What is the number one advice you would give to a new trader?

Welcome to the journey and once you trust risk management comes first then refining your skills comes second profit naturally will present itself after.

How Trader Łukasz dealt with the drawdown?

What was the most difficult during your Challenge or Verification and how did you overcome it?

The hardest part of the FTMO Challenge was not to get carried away and try to finish the Challenge as soon as possible. I started slowly, risking $ 50 for 1 trade from 10k. When I saw that I don’t miss a lot anymore and the time is over, I started trading more risk for $ 100 transactions 1 trade. I managed to do the FTMO Challenge sticking to my plan and discipline. My priority was to end the Challenge with at least a positive result.

Do you plan to take another FTMO Challenge to manage even bigger capital?

Yes, I plan to take the next 50k Challenge after the first payout from FTMO.

Has your psychology ever affected your trading plan?

I think a little yes, especially when I had 2 weeks in which I wandered with the capital in place. I checked my trader’s journal whether I stick to the plan and counted the days to the end of the Challenge. On the challenge was not wasted since I am so far from completing the challenge.

How did you manage your emotions when you were in a losing trade?

When I had a drawdown, I was comforted that I had a plan at the moment when it was happening and one or 2 good trades would do to make up for the losses. And again start trading the normal amount of risk. From my experience, it seems that if I reduce the losses during the drawdown by half but he kept max tp it will all be fine. Trade with the plan and you will go straight and win.

How did Maximum loss limits affect your trading style?

The maximum daily loss has helped me become more cautious when trading and better at managing risk. Without a good plan and risk management, I can’t complete the Challenge.

What is the number one advice you would give to a new trader?

Focus on what kind of capital management will suit you. Fixed amount method or% method. Stick to the plan and have a plan for any eventuality and most importantly have a plan when you start reducing losses and reducing risk during the drawdown.