Ftmo. Considering challenge on £70k account. Have a few questions.
Ftmo. Considering challenge on £70k account. Have a few questions.
I'm new to prop firms.
I've gone through 3 FTMO trials to get my head around the rules. All passed. (Only 3.5k profits target on the trial).
My latest trial, 2k profit each day and passed hit target. From memory my max daily loss was £1000, I risked 0.5-0.7% on trades. A total of 63 trades over the two days.
Im confident of passing the full eval but as I understand, there are hidden rules, during it and once funded. Can anyone give me a heads-up on what to be careful of.
I hear nightmare stories of payouts across the industry being refused etc.
For example. £2k profit a day is this pushing my luck with these types of firms? 😄 I trade indicies, generally 25 lot size.
Appreciate any help you can give.