{"id":651409,"date":"2025-03-05T14:00:40","date_gmt":"2025-03-05T13:00:40","guid":{"rendered":"https:\/\/ftmo.com\/?p=651409"},"modified":"2025-03-05T14:01:36","modified_gmt":"2025-03-05T13:01:36","slug":"it-may-take-longer-than-expected-to-pass-your-account","status":"publish","type":"post","link":"https:\/\/ftmo.com\/en\/it-may-take-longer-than-expected-to-pass-your-account\/","title":{"rendered":"\u201cIt may take longer than expected to pass your account\u201d"},"content":{"rendered":"
Patience and discipline. Over and over again, concepts that every trader should be aware of, but many traders forget about in the Evaluation Process. For many traders, the prospect of quick profits is both more powerful and their worst enemy. How did our new FTMO Traders deal with this?<\/em><\/p>\n Do you plan to take another FTMO Challenge to manage even bigger capital?<\/strong><\/p>\n Yes, my plan is to be max allocated in funding with FTMO one day.<\/p>\n What was easier than expected during the FTMO Challenge or Verification?<\/strong><\/p>\n The FTMO Challenge was easier than expected in my circumstances even though the profit target was 10% which is 5% higher than the verification target. This is because from my first trade I took, I was always in profit and never went into drawdown on account overall, which gave me confidence to reach the profit percentage as it helped my mental psychology that it was achievable even though I was a bit more conserved due to it being my first challenge. In contrast the Verification was harder than expected since I did go into drawdown. This did give me thoughts on whether I would pass or not even though the profit target was 5% and I thought I could reach it quicker than the Challenge it did, in fact take me longer to pass.<\/p>\n What does your risk management plan look like?<\/strong><\/p>\n I have several different rules which I follow for my strategy which is only risk one percent per trade, take 2 trades maximum a day if there is an opportunity and also mainly take trades in the London session as well as set my trades to breakeven to be risk free at a liquidity level in which price may reverse. This prevented a lot of loss happening in one day, potentially losing my account which allowed me to reach the profit goal.<\/p>\n How would you rate your experience with FTMO?<\/strong><\/p>\n Overall, my experience with FTMO was brilliant. FTMO is the most reliable prop firm out there and has been for several years. The trading rules are well structured such as the daily drawdown limit and profit targets which allowed me to become more of a disciplined trader.<\/p>\n What inspires you to pursue trading?<\/strong><\/p>\n I want one day pursue trading as a full time career due to the freedom it can give. I have seen how other people like me who were in the situation as I am in right now develop the skill for several years and be financially free but most importantly it gives you the freedom which is my biggest motivator.<\/p>\n What would you like to say to other traders that are attempting the FTMO Challenge?<\/strong><\/p>\n Having one strategy and trading 1 pair and being patient are the main key advice I would give. There are some days on which there will be no setups due to the markets being impacted by economic news in which I advise staying away from waiting for clear higher time direction to trade alongside with to execute trades as this improved my win rate. One other key piece of advice I would give is to stay disciplined and be wary, it may take longer than expected to pass your account and focus on your own journey not on other peoples.<\/p>\n How has passing the FTMO Challenge and Verification changed your life?<\/strong><\/p>\n Passing the Challenge and Verification has changed my life as it will enable me to focus on what I love doing, which is trading. Now being a funded trade, I can scale my way up and hopefully make this my number 1 source of income moving forward.<\/p>\n What does your risk management plan look like?<\/strong><\/p>\n I will only risk 0.5%-1% of account size per trade. If my trade is doing well and I\u2019m in profit I will automatically bring my Stop Loss to above break even to make the trade risk free.<\/p>\n How did loss limits affect your trading style?<\/strong><\/p>\n It didn\u2019t affect my trading at all really. It made me wearier of my losses and it enabled me to use proper risk management and not overleverage on any of my positions.<\/p>\n How did you manage your emotions when you were in a losing trade?<\/strong><\/p>\n I would let the trade play out and trust my analysis. If the trade hits my stop loss I would review my analysis to see what mistake I made and journal this to ensure I wouldn\u2019t make the same mistake<\/p>\nTrader Salman Ali Ibrahim: \u201cFocus on your own journey, not on other people.\u201d<\/h3>\n
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Trader Jacob Washington: \u201cStay determined and focused, don\u2019t get revenge on trade.\u201d<\/h3>\n
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