FTMO Challenge – 25K

[0xBitpool]

Hi guys!

Today is the day I’m starting my very first FTMO challenge!!! I went for the Swing 25K.

I will use the top 3 performers from the 7 FTMO bots and will update this thread as the challenge progresses.

Here is a link to a live updating myfxbook if you want to follow: https://www.myfxbook.com/portfolio/ftmo-challenge-25k-top-3/10505789

Quick question though: can you confirm that 0.75 is the correct lot size for a 25K account?

[Alan Northam]

Yes this is correct if you want to limit your risk to 1% for each EA. However, if all three EAs start trading then your overall risk will be 3%.

Alan,

[0xBitpool]

So you say I should probably go for 0.25 lots?

[0xBitpool]

Actually Petko used 1 lot on his passed 25K challenge here: https://www.myfxbook.com/members/PetkoA/ftmo-robot-top-3-25k/10493707, so I’m a little confused lol

 

[Alan Northam]

FTMO daily loss limit is 5% so 3% risk is still OK.  I am just pointing out the risk so you are aware of it!

Alan,

[0xBitpool]

Gotcha! 1% risk per pair but 3% risk total if the 3 EAs trade at the same time.

[Alan Northam]

3% loss if all three EAs hit SL.

[0xBitpool]

Yup 🙂

[0xBitpool]

Removing the EURAUD bot for now as it’s not been really performing well last week. Just keeping AUDNZD and EURUSD for now. These are my winners and will help reduce the risk

(This pic is from the 200K FTMO Trial account that I keep to check all 7 EAs performance)

[0xBitpool]

Reintegrating EURAUD after thinking a little more: I want to keep the top 3 (despite the facts that the tests EAs are all in the negative except for one for now)

[0xBitpool]

My FTMO trial account blew up, so I need to start fresh. I’m not gonna be able to see which ones of the 7 EAs are the best for the next week. What would be the good move here? What are your top 3?

[0xBitpool]

To prevent too much risk in the trial account, I reduced the lot size from 6 to 1 (200k account). It’ll still be good to see the results

[Olivier Roversp]

Why not use a ic market demo ? It is not limited to 14 days like a free trial challenge from ftmo

[Olivier Roversp]

and to answer you the only two robots which are positive this week are eurusd and nzdjpy

[0xBitpool]

I’m in the US and from what I believe, IC Markets doesn’t accept US residents. Plus, I think it’s best to test on the same broker to have the same conditions

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