Trading Discpiline - FTMO

ARE YOU STRUGGLING
WITH DISCIPLINE AND CONSISTENCY?

LEARN MORE

Start FTMO Challenge
and improve your skills!

If you talk to any professional trader, their success is not made by their secret trading strategy, but their discipline and how they manage risk.

We at FTMO know that and that’s why we developed our evaluation course that forces traders to have great trading habits and discipline.

FTMO developed a unique 2-step evaluation course for Forex Traders.

This evaluation course consists of the FTMO Challenge and the Verification and is specifically tailored to discover trading talents.

Your journey to get there might be challenging, but our educational Applications, Account Analysis, and Performance Coach are here to guide you on the endeavor to financial independence.

SO WHAT RULES FORCE OUR TRADERS TO HAVE GREAT TRADING DISCIPLINE?

One of the common mistakes among traders is that they often rush their decisions with the goal of chasing profits. This is why we have made a 10-day minimum trading day a rule where traders must open at least one position each day to complete this rule. Thanks to this, our traders don’t chase profits and think more about their decisions as they know they don’t need to rush anything. A trading day is defined as a day when at least one trade is executed. If a trade is held over multiple days, only the day when the trade was executed is considered to be the trading day.

Minimum Trading Days

Professional traders that trade in proprietary trading firms and hedge funds always have risk managers that control their performance and tell them when they reached their daily limits. This luxury is something traders from home can’t afford. This is why Maximum Loss and Daily loss rules are in place. For maximum loss traders cannot exceed 10% of their trading balance during the whole evaluation period. Daily loss limit can be called “trader’s daily stop-loss”. This is set as 5% from the initial account balance. The rule says that in any moment of the day, the result of all closed positions in sum with the currently open floating P/Ls (profits/losses) must not hit the determined daily loss limit. When traders must follow these rules, they pay much more attention to their trading plans and risk management strategies. Which leads to improved results.

Maximum Daily Loss and Maximum Loss

Our satisfied traders’ feedback speaks for itself. Take a look at what our traders said about FTMO.

3000+

more than 3000 FTMO Traders

96%

would recommend our FTMO Challenge to other traders

FTMO Trading applications that help your trading discipline

Because our newer traders might have problems following the rules, we developed an Account MetriX for them.

Account MetriX is an innovative and unique web application, which monitors your progress towards becoming the FTMO Trader. The Account MetriX serves every trader undertaking the FTMO Challenge, Verification or Free Trial.

Thanks to this web application, you have a complete overview of the Trading Objectives. In the Account MetriX, you will also find a wide range of statistics, which every trader must know.

ARE YOU READY
TO BECOME A
BETTER TRADER?

REGISTER NOW