Quick question for anyone with FTMO experience: is the 1% daily loss rule tied to just one funded account, or does it carry over across all future funded accounts under the same profile? Like if you pass and get funded again later, does your previous risk behaviour still affect you or is each account treated completely separately?
I'm funded with FTMO and have a question about payouts.
I had two separate periods where I lost around 3–3.5% in 2 separate trade ideas, but I recovered and never violated any FTMO rules. I never exceeded the maximum daily loss or the maximum overall loss.
At one point I was up 6.9% and was planning to request a payout two days later. Unfortunately, my psychology completely fell apart. I got greedy, started revenge trading, and ended up giving back all my profits until I was around -4% overall on the account.
During those two losing days, I lost around 4.7% in a day twice and also had several trades that were over 1.5% risk each. I know this wasn't good trading, and it was purely a psychological implosion that snowballed into more bad decisions.
I'm still on the same $100,000 funded account, and I've now recovered back to roughly breakeven. My plan moving forward is to stick to my trading plan, follow my system, only take A+ setups, and stop forcing trades. I know exactly where I went wrong, and I'm focused on trading with discipline again.
My question is: Assuming I continue trading consistently, make profits, and don't break any FTMO rules, is there any reason FTMO would decline a future payout because of those two bad days?
I'd really appreciate hearing from anyone who has had a similar experience and successfully received a payout.
I uploaded a post 10 days ago asking about why tp did not hit, at the time I did not know what spreads were, but now I am aware of them.
I am abit new to prop firms and I have successfully passed Phase 1 of the 100k challenge and I am now half way through Phase 2 I am up 4% in one single trade.
Trading with propfirms is 100% better than trading with a small live account.
My account went into drawdown on my first few trades on Phase 1 because I was getting to excited, but I eventually recovered 😂
Hi everyone,
I’ve heard that FTMO has reduced some traders to 1% loss limit. If this has happened to you, what reason did they give?
Was it related to risk management, consistency, trading style, news trading, account performance, drawdowns, gamble trades, or something else?
Im trying to understand what factors lead FTMO to impose this restriction and whether there are any common patterns among traders who have experienced it.
Thanks for sharing your experience.
Can someone explain why my TP is not triggering when price clearly goes and touches it?? I had to manually close the trade myself because of this…