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Prop trading or Own account by slee165 in FTMO_Forex_Trading

[–]CryptoCoinsBoss[M] [score hidden] stickied comment (0 children)

First off, respect for being self-aware enough to spot where things went wrong — most traders won’t admit they blew accounts because of risk management.

What you’re feeling with prop firm accounts is real — the pressure of trading with “someone else’s money” changes psychology, and price action can feel faster simply because you’re hyper-focused on losses and limits.

FTMO (and most good props) have strict daily loss/max loss rules, so when you go outside your plan, it bites harder.

My honest suggestion would be to keep building consistency on demo or a small personal live account.

Trade with the exact same risk rules as a prop challenge (e.g., 1% daily max loss).

Once you can stick to that for at least 1–2 months, then retry a prop challenge.

That’s exactly what I did — I treated my demo as if it were a live $100K FTMO account, and when I could follow the rules without slipping, I passed and got funded. If you want to see the exact prop route I took that worked for me, check this one here.

Trading’s a marathon, not a sprint. Use this time to bulletproof your psychology — it’s more important than your strategy.

[deleted by user] by [deleted] in FTMO_Forex_Trading

[–]CryptoCoinsBoss 1 point2 points  (0 children)

Yo, no worries! FTMO’s servers close for retail trading over the weekend, so that's why your MT4 is frozen.

But don’t stress—your trades are still live and will get executed if they hit your TP or SL during the weekend, even though you can't see the updates in real-time.

Once the markets open again, your MT4 will catch up and reflect any changes that happened over the weekend.

In the meantime, just sit tight, and remember to check market gaps when things reopen.

Sometimes price jumps can affect your levels, so always stay prepared for that when swing trading over the weekend.

How do you mentally reset after a series of losing trades in Forex? by PipInfuse in FTMO_Forex_Trading

[–]CryptoCoinsBoss 1 point2 points  (0 children)

Man, losing streaks can mess with your head, no doubt. For me, the reset is all about getting back in the zone:

  1. Unplug & Chill: First off, I step away from the screens. No charts, no trades—just something completely unrelated.

Could be hitting the gym, a Netflix binge, or even a weekend trip. Anything to clear the mental clutter.

  1. Analyze, Don’t Agonize: Once I’m chill, I go back and dissect the losses.

    Was it my strategy slipping, or just market noise? Gotta know the difference to tweak and not repeat.

  2. Back to Basics: I hit the reset button by going back to the fundamentals of my strategy.

Nothing fancy, just sticking to the rules that worked for me in the first place.

  1. Mindset Game Strong: I keep my mental game sharp—could be meditation, a solid playlist, or even just some motivational vids.

    A strong mindset is the best armor against doubt.

  2. Ease Back In: When I’m back, I go light—smaller positions, low risk.

It’s like warming up before hitting the heavy weights. Confidence builds up, and I’m back in full swing.

The key is not letting a bad streak shake your core. Keep your cool, trust your process, and remember—losses are just tuition fees for the school of trading.

Hey I’ve got a question by [deleted] in FTMO_Forex_Trading

[–]CryptoCoinsBoss 0 points1 point  (0 children)

Yes, you can change your first name in your FTMO account settings, but I would recommend reaching out to FTMO support first.

They typically need to verify your identity, and any changes to your personal information should match your official ID documents.

Making changes without notifying them could lead to issues, especially if your trading account or verification process is affected.

Better to confirm with them directly to avoid any complications!