{"id":530792,"date":"2023-05-09T16:00:36","date_gmt":"2023-05-09T14:00:36","guid":{"rendered":"https:\/\/ftmo.com\/?p=530792"},"modified":"2024-01-25T12:05:58","modified_gmt":"2024-01-25T11:05:58","slug":"mentor-app-is-essential-for-disciplined-traders","status":"publish","type":"post","link":"https:\/\/ftmo.com\/en\/mentor-app-is-essential-for-disciplined-traders\/","title":{"rendered":"Mentor app is essential for disciplined traders"},"content":{"rendered":"

There are quite a lot of traders who are struggling with discipline and adherence to money management and risk management. At FTMO, we are well aware of this and therefore we develop various solutions to help traders solve these problems. One of these solutions is the new version of our Mentor App.<\/span><\/em><\/p>\n

We recommend to all traders who have problems with following money management rules to install our Mentor App. The app is available to all FTMO clients who have had at least one paid FTMO Challenge and monitors loss limits, which traders can set at their discretion, and the number of positions they open during the day. Setting loss limits should especially help traders in complying with the FTMO rules, which is a big issue for many traders. Setting limits on the number of positions should also protect traders from overtrading, which is also a common issue among traders whom FTMO provides accounts with.<\/span><\/p>\n